Genting Singapore (G13) Q4 2025 earnings summary

Executive summary

• Revenue for FY2025 was $2,452.1 million, a decrease from $2,530.0 million in FY2024, mainly due to lower gaming revenue and non-gaming revenue.

• Net profit attributable to shareholders was $390.3 million, down from $578.9 million in the prior year.

• Adjusted EBITDA for FY2025 was $815.8 million, compared to $960.1 million in FY2024.

• The Board proposed a final dividend of 2 cents per share for FY2025, subject to shareholder approval.

Financial highlights

• Gross profit declined to $747.4 million from $836.1 million year-over-year.

• Earnings per share (basic and diluted) were 3.23 cents, down from 4.79 cents in FY2024.

• Operating profit fell to $506.6 million from $727.2 million year-over-year.

• Cash and cash equivalents at year-end were $3,200.3 million, down from $3,582.9 million.

• Total equity attributable to shareholders was $8,205.4 million at 31 December 2025.

Outlook and guidance

• The Group continues to invest in the expansion and renewal of its integrated resort, with $3.08 billion in authorised capital expenditure not yet provided for.

• Management remains focused on optimising value creation and prudent risk management amid market uncertainties.