In the second quarter of 2026, Genting Malaysia returned to the profit column significantly bolstered by the full-scale commercial launch of casino service inside Resorts World New York.
The company booked a net profit of RM27 million as compared to a net loss of RM25.2 million for the first quarter of the year.
The revenue increased 32% year on year to RM3.85 billion compared to RM2.91 billion during the same quarter of 2025. On the other hand, despite such significant rise, the net profits were still far away from RM398.1 million, which was higher than in the recent January-June period.
The US and Bahamian segments were the principal suppliers of growth with a remarkable rise in the revenues of 166% amounting to RM1.53 billion and a growth in the adjusted EBTIDA of 82.9% estimated at RM216.8 million.
On a group level, adjusted EBTIDA decreased by 18% to RM844 million due to RM18.1 million of unrealized foreign exchange loss compared to RM184.6 million of a forex gain in the same reporting period of 2025, which was mainly caused by the translational impacts of the US dollar-denominated debts.
During January-June 2026, the revenue increased by 21.9% reaching RM6.72 billion while the adjusted EBTIDA was lower by 15.7% to RM1.49 billion . Net profit for the period was RM1.8 million , down from RM450.1 million a year earlier.
In future, the regional outlook is uncertain amid geopolitical tensions in the Middle East and wider economic risks.
