Genting Singapore Ltd reported net profit of S$156.1 million for the six months ended Jun 30, 2026, as non-gaming momentum helped keep revenue broadly flat year-on-year at S$1.20 billion despite softer casino takings.
Earnings per share came in at 1.29 Singapore cents. The board declared an interim dividend of 2.0 cents per ordinary share, payable on a date to be announced; the company did not provide a year-earlier comparison.
By segment, gaming revenue fell 4 per cent YoY to S$804.4 million, while non-gaming sales—including attractions, hotels and other experiential offerings—rose 6 per cent to S$398.8 million. Group adjusted EBITDA slipped 8 per cent to S$389.8 million, but Resorts World Sentosa (RWS) improved sequentially, lifting second-quarter adjusted EBITDA 18 per cent from the previous quarter to S$210.8 million.
Management attributed the profit pressure to higher depreciation, lower interest income and ongoing asset refresh works. The period also saw seasonally weaker second-quarter demand, moderating tourist arrivals and more cautious consumer spending.
To strengthen longer-term earnings, the group is pressing ahead with its RWS 2.0 expansion, slated for completion by 2030 in line with Singapore’s Greater Sentosa Master Plan. Recent milestones include the launches of the Singapore Oceanarium, lifestyle hub WEAVE and The Laurus hotel, while renovation works are planned for Hotel Michael, Crockfords Tower and several dining venues through 2028.
Chairman and acting chief executive officer Tan Sri Lim Kok Thay said the resort has “entered a new chapter”, noting that a refreshed leadership team and ongoing investments are aimed at enhancing guest experience and sustaining shareholder value. He added that the interim dividend reflects the company’s commitment to maintain stable returns while preserving balance-sheet flexibility for future growth.