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 margin of 29% as compared to 34% in 3Q23.
Genting Malaysia Berhad 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.
云顶马来西亚有限公司公布了截至2024年9月30日的第三季度和九个月的财务业绩，其中第三季度报告总收入增长了1％，至27令吉，而考虑到未实现的净外汇折算收益，调整后的扣除利息、税项、折旧和摊销前的收益（EBITDA）增长了75％，至13令吉。
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).
该集团的税前利润（PBT）翻了一番多，达到53580万令吉，该集团在本季度的净利润为54830万令吉，而去年同期（23年第三季度）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24年第9季度，集团的总收入增长了10％，达到818350万令吉，而调整后的息税折旧摊销前利润增长了53％，达到272980万令吉。该集团的PbT翻了一番多，达到85490万令吉，集团实现净利润64770万令吉，比去年同期（9M23）增长了四倍多。
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酒店业务收入略有增长至168110万令吉。但是，调整后的息税折旧摊销前利润下降了13％，至49340万令吉，这主要是由于产生的运营费用增加。集团调整后的息税折旧摊销前利润率为29％，而23年第三季度为34％。
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（英国）和埃及，该集团报告收入增长了9％，至53800万令吉，而调整后的息税折旧摊销前利润增长了5％，达到10400万令吉。这些改善主要归因于集团旗下资产中注册的业务量增加。在美利坚合众国（美国）和巴哈马，该集团报告收入略有下降至47220万令吉。该集团还将调整后的息税折旧摊销前利润下降了8％，至12420万令吉，主要是
由于与运营和工资相关的费用增加。
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%.
该集团在24年第三季度调整后的总体息税折旧摊销前利润包括未实现净外汇折算收益60180万令吉的影响，主要是对集团以美元计价的借款的影响，而23年第三季度的未实现外汇折算净亏损为170万令吉。不包括净未实现外汇折算的影响，集团调整后的息税折旧摊销前利润下降了6％。
The Group is cautiously optimistic of the near-term prospects of the leisure and hospitality industry and remains positive in the longer-term.
集团对休闲和酒店业的短期前景持谨慎乐观态度，长期保持乐观。
