Wolf Money(Genting Singapore FY 2024 results)

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(Source: ggrasia.com)


Genting Singapore reported a 5% drop in profit for the year end Dec 2024. Q4 shows a good turn around with gaming revenue going up 26% due to better win rates. The company is purposing a final dividend of 2c, bring the total dividend to 4c for the year. Dividends will be paid towards the end of May. With the opening of Minion Land this month and the strong tourists numbers coming to Singapore in January 2025. Tourist numbers were up close to 15% year on year. I am hopeful of a good 1Q 25. More details will be shared during the end of month portfolio update. God Bless.

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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.

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