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Company Profile For Genting Berhad

Genting Berhad (GENT.KL) (Kuala Lumpur Stock Exchange)
sector: Cyclical Consumer Goods & Services · industry: Leisure & Recreation ·
As of  12:23pm IST
7.11MYR
Price Change
+0.00
Percent Change
+0.00%
 
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Overview

Genting Berhad is an investment holding and management company. The principal activities of the subsidiaries include leisure and hospitality, gaming and entertainment businesses, plantation, the generation and supply of electric power, property development and management, tours and travel related services, genomics research and development, investments and oil and gas exploration, development and production activities. The principal activities of the Company’s associates include the generation and supply of electric power, resort, property investment and property development. The Company has over 4,500 hectares of prime resort land and about 134,000 hectares of plantation land. In September 2008, the Company acquired Ambani Limited. On October 17, 2008, the Company acquired Dragasac Limited. In July 2009, the Company placed Prime Venture (Labuan) Limited under member's voluntary winding-up. In November 2009, the Company announced that it has incorporated Resorts World Inc Pte Ltd.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Genting Berhad's revenues decreased 4% to RM4.17B. Net income decreased 41% to RM427.6M. Revenues reflect a decrease in income form operation. Net income also reflect higher cost of sale, an rise in other expenses, the presence of impairment loss, a significant fall in net gain on deemed disposal of shareholding and the loss from share of results in jointly controlled entities & associates.

Company Address

Genting Berhad
24th Floor Wisma Genting
Jalan Sultan Ismail
Kuala Lumpur     50250
P: +603.21782288
F: +603.21615304

Total Employees

27296

Find Out More About GENT.KL

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