Genting Singapore Poised to Benefit From More Tourism, New Attractions

Dow Jones
2024/11/14

Genting Singapore is expected to have a stronger 2025 despite weak 3Q results, the OCBC Investment Research team writes in a note. The integrated-resort operator's new attractions, including Minion Land, are set to open in 1Q, OCBC says. A visa-free arrangement between Singapore and China could also drive more tourists to Resorts World Sentosa, it adds. However, OCBC cuts its 2024-2025 forecasts for adjusted Ebitda by 13%-14% and net profit by 17%-19% after the weaker-than-expected results. It also trims its fair-value estimate on the stock to S$1.03 from S$1.17. Shares are last 1.3% lower at S$0.77. (amanda.lee@wsj.com)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10