Genting Singapore posts 2020 profit, revenue down 57 percent

Genting Singapore has suffered a 90% profit loss, with only a net profit of $69.2m for FY ended 31 December compared with $688.6m a year before.

Genting Singapore attributed most of the profit in 2020 to a great performance during the Lunar New Year, prior to the surge of COVID-19 cases.

Genting Singapore suffers 90% profit loss in 2020 (Singapore Business Review)