Daily BriefsSingapore

Daily Brief Singapore: Genting Singapore and more

In today’s briefing:

  • Genting Singapore: Record 1Q23 Results Confirm Speedy Recovery Ramp Ahead

Genting Singapore: Record 1Q23 Results Confirm Speedy Recovery Ramp Ahead

By Howard J Klein

  • Stock has become attractive at its still under the radar price.
  • Nomura projects Singapore revenues are trending rapidly back to 90% of pre-covid levels.
  • Adj. EBITDA of SG$774 (US$580m) for FY22—income attributable to holders up 85%

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