Genting swings into 2Q loss as higher finance costs, absence of one
Genting Bhd reported a net loss for the second quarter of 2026, driven by higher finance costs and the absence of one-time asset disposal gains seen in the previous year. Despite the loss, the company saw revenue growth across its leisure, hospitality, and plantation divisions.
Why it matters
The financial performance of major conglomerates like Genting serves as a bellwether for the health of the regional gaming and hospitality sectors.
BURSA SGX Home Highlight Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Aug 20): Genting Bhd (KL: GENTING ) slipped into a loss in the second quarter despite increased revenue and operating earnings, as higher finance costs and an absence of significant disposal gains recorded a year earlier weighed on its bottom line.
The diversified gaming and leisure group posted a net loss of RM27.10 million for the three months ended June 30, 2026 (2QFY2026), compared with a net profit of RM243.50 million a year earlier. Revenue, however, rose 14% to RM7.75 billion from RM6.78 billion, thanks to the group's leisure and hospitality, and plantation business.
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