Thursday, February 24, 2011

Genting Singapore PLC rated 'buy' by Phillip Securities

Stock Name: Genting SP
Company Name: GENTING SINGAPORE PLC
Research House: Phillip Securities

Phillip Securities Research in a Feb 23 research report says: "Genting reported revenue of $2.75 billion and profit from continuing operations of $657 million, thereby beating both consensus and our forecast. Company reported adjusted EBITDA of $1.42 billion and EBITDA margin of 51.6%.

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