Genting's Q3 Profit More Than Triples To RM548 Million
Genting's Q3 Profit More Than Triples To RM548 Million
Revenue from the Group's leisure and hospitality operations in Malaysia improved marginally to RM1,681.1 million. However, adjusted EBITDA declined by 13% to RM493.4 million, mainly due to higher operating expenses incurred. The Group registered an adjusted EBITDA 
$GENTING (3182.MY)$ announced its financial results for the third quarter and nine months ended 30 September 2024 with 3Q24 reporting a 1% increase in total revenue to RM2.7 billion while adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) improved by 75% to RM1.3 billion, after taking into account net unrealised foreign exchange translation gains.
$GENTING (3182.MY)$ 宣布截至2024年9月30日的第三季度和前9个月的财务业绩，2024年第三季度营业总收入增加1%，达到27亿令吉，而调整后的利息、税收、折旧和摊销前收益(EBITDA)增加75%，达到13亿令吉，考虑到净未实现外汇汇率期货收益。
The Group's profit before taxation (PBT) more than doubled to RM535.8 million and the Group registered a net profit of RM548.3 million in the quarter as compared to a net profit of RM158.3 million in the same period last year (3Q23).
集团的税前利润（PBT）增长超过一倍，达到53580万令吉，集团在这一季度的净利润为54830万令吉，而去年同期（3Q23）的净利润为15830万令吉。
In 9M24, the Group recorded higher total revenue by 10% to RM8,183.5 million while adjusted EBITDA grew by 53% to RM2,729.8 million, after taking into account net unrealised foreign exchange translation gains. The Group's PBT more than doubled to RM854.9 million and the Group achieved net profit of RM647.7 million, an increase of more than four times from the same period last year (9M23).
在9M24中，集团的总营业收入增长了10%，达到818350万令吉，同时调整后的EBITDA增长了53%，达到272980万令吉，考虑到净未实现汇率期货转换收益。集团的PBT增长超过一倍，达到85490万令吉，集团实现净利润64770万令吉，较去年同期（9M23）增长了四倍以上。
Revenue from the Group's leisure and hospitality operations in Malaysia improved marginally to RM1,681.1 million. However, adjusted EBITDA declined by 13% to RM493.4 million, mainly due to higher operating expenses incurred. The Group registered an adjusted EBITDA margin of 29% as compared to 34% in 3Q23.
集团在马来西亚的休闲和 hospitality 业务的营业收入小幅改善，达到168110万令吉。然而，调整后的EBITDA下降了13%，至49340万令吉，主要是由于产生了更高的营业费用。集团的调整后EBITDA利润率为29%，相比于3Q23的34%有所下降。
In the United Kingdom (UK) and Egypt, the Group reported a 9% increase in revenue to RM538.0 million while adjusted EBITDA grew by 5% to RM104.0 million. These improvements were largely attributable to the higher volume of business registered across the Group's estate. In the United States of America (US) and the Bahamas, the Group reported a marginal decline in revenue to RM472.2 million. The Group also registered lower adjusted EBITDA by 8% to RM124.2 million, mainly
due to higher operating and payroll related expenses.
在英国和埃及，集团报告营业收入增加9%，达到53800万令吉，同时调整后的EBITDA增长了5%，达到10400万令吉。这些改善主要归因于集团各个地产登记的业务成交量增加。在美国和巴哈马，集团报告营业收入小幅下降至47220万令吉。集团的调整后EBITDA也降低了8%，达到12420万令吉，主要是
由于更高的营业和薪资相关费用。
The Group's overall adjusted EBITDA in 3Q24 includes the impact of net unrealised foreign exchange translation gains of RM601.8 million, mainly on the Group's USD denominated borrowings as compared to the net unrealised foreign exchange translation losses of RM1.7 million in 3Q23. Excluding the impact of the net unrealised foreign exchange translation, the Group's adjusted EBITDA is lower by 6%.
集团在3Q24的整体调整后EBITDA包括了净未实现汇率期货转换收益的影响，达到60180万令吉，主要是针对集团的美元指数计价借款，而与3Q23中的净未实现汇率期货转换损失170万令吉相比。排除净未实现汇率期货转换的影响，集团的调整后EBITDA下降了6%。
The Group is cautiously optimistic of the near-term prospects of the leisure and hospitality industry and remains positive in the longer-term.
集团对短期休闲和酒店行业的前景持谨慎乐观态度，并对长期仍然保持积极。
