The group posted a net profit of US$37.5m for Q4.<\/p>\n\n\n\n\n\n\n\n
Malaysia.- Genting Malaysia has reported a return to profitability in the fourth quarter of 2025. It’s posted net profit attributable to shareholders of MYR145.9m (US$37.5m) compared with a net loss of MYR457.9m (US$118m) a year earlier, according to a filing to Bursa Malaysia.<\/p>\n\n\n\n
Group-wide revenue rose 10.4 per cent year-on-year to MYR3.01bn (US$783m), driven primarily by stronger performance in the United States, the Bahamas, the United Kingdom and Egypt, as well as the consolidation of Empire Resorts into the company\u2019s results. Adjusted EBITDA was MYR692.7m (US$178m), significantly higher than the MYR180.6 (US$46m) recorded in the prior-year period.<\/p>\n\n\n\n
However, performance at the company\u2019s flagship property, Resorts World Genting, was softer during the quarter. Revenue at the Malaysian resort fell around 3 per cent to MYR1.73bn (US$444m), while adjusted EBITDA declined by 21 per cent to MYR386.8 (US$100m). The company attributed the downturn mainly to lower overall gaming business volumes, weaker win rates in the VIP segment and certain one-off expenses related to payroll adjustments and contractual obligations.<\/p>\n\n\n\n
Despite the gaming softness, hotel occupancy at the resort remained strong at 98 per cent, with 64 per cent of visitors domestic and 36 per cent international. Foreign visitation was supported by arrivals from Singapore, China and India, partially offset by lower visitation from Indonesia.<\/p>\n\n\n\n
For the full year, Genting Malaysia recorded total revenue of MYR11.88bn (US$3.050m), up 8.9 per cent, and adjusted EBITDA of nearly MYR3.30bn (US$850m), a 13.3 per cent increase. The company said higher business volumes across all geographical segments supported the annual performance, while forex gains on US dollar-denominated borrowings further enhanced results.<\/p>\n\n\n\n
Beyond the financials, the group highlighted a strategic milestone in the United States following regulatory approval for a full commercial casino licence at Resorts World New York City<\/a>. The transition from a racino to a fully licensed commercial casino will allow the introduction of live table games, marking a structural expansion of the property\u2019s revenue potential, with the first phase of the expansion targeted to open around mid-2026.<\/p>\n\n\n\n\t\t\tSee also:<\/span><\/p>\n\n\t\t\t\t![\"\"](\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/05\/Genting-Malaysia-300x200.jpg\")
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