Reported Earnings • May 23
First quarter 2026 earnings released: EPS: RM0.026 (vs RM0.001 in 1Q 2025) First quarter 2026 results: EPS: RM0.026 (up from RM0.001 in 1Q 2025). Revenue: RM6.66b (up 2.4% from 1Q 2025). Net income: RM101.1m (up RM96.5m from 1Q 2025). Profit margin: 1.5% (up from 0.1% in 1Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Price Target Changed • May 22
Price target decreased by 13% to RM3.20 Down from RM3.67, the current price target is an average from 12 analysts. New target price is 36% above last closing price of RM2.35. Stock is down 25% over the past year. The company is forecast to post earnings per share of RM0.18 next year compared to a net loss per share of RM0.003 last year. Reported Earnings • Apr 21
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: RM0.003 loss per share (down from RM0.23 profit in FY 2024). Revenue: RM27.7b (flat on FY 2024). Net loss: RM11.6m (down 101% from profit in FY 2024). Profit margin: 0% (down from 3.2% in FY 2024). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Duyuru • Apr 17
Genting Berhad, Annual General Meeting, Jun 11, 2026 Genting Berhad, Annual General Meeting, Jun 11, 2026, at 10:00 Singapore Standard Time. Location: 26th floor, wisma genting, jalan sultan ismail, 50250 kuala lumpur, Malaysia Declared Dividend • Mar 02
Dividend of RM0.05 announced Shareholders will receive a dividend of RM0.05. Ex-date: 17th March 2026 Payment date: 17th April 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is not covered by earnings (176% earnings payout ratio). However, it is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 96% to bring the payout ratio under control. EPS is expected to grow by 271% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • Feb 27
Genting Berhad announces Annual dividend, payable on April 17, 2026 Genting Berhad announced Annual dividend of MYR 0.0500 per share payable on April 17, 2026, ex-date on March 17, 2026 and record date on March 18, 2026. Reported Earnings • Feb 27
Full year 2025 earnings released: RM0.003 loss per share (vs RM0.23 profit in FY 2024) Full year 2025 results: RM0.003 loss per share (down from RM0.23 profit in FY 2024). Revenue: RM27.7b (flat on FY 2024). Net loss: RM11.6m (down 101% from profit in FY 2024). Profit margin: 0% (down from 3.2% in FY 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Duyuru • Dec 02
Genting Berhad (KLSE:GENTING) completed the acquisition of 23.13% stake in Genting Malaysia Berhad (KLSE:GENM) for MYR 3.1 billion. Genting Berhad (KLSE:GENTING) proposed to acquire remaining 50.64% stake in Genting Malaysia Berhad (KLSE:GENM) for MYR 6.7 billion on October 13, 2025. As part of the acquisition, Genting Berhad will acquire 2.87 billion shares in Genting Malaysia Berhad at MYR 2.35 per share in cash. In the event Genting Berhad receives acceptances of not less than nine-tenths in the nominal value of the Offer Shares on or before the Closing Date, Genting Berhad intends to invoke section 222 of the CMSA to compulsorily acquire any remaining Offer Shares from the Holders who have not accepted the Offer. Upon completion, Genting Berhad will own 100% stake in Genting Malaysia Berhad. The consideration will be fully satisfied via a combination of debt financing of up to approximately MYR 6.3 billion and remaining through internally generated funds. The transaction is subject to Genting Berhad having received valid acceptances by the holders. The transaction is not subject to the approval of Genting Berhad’s shareholders, any other approvals or corporate proposals of Genting Berhad or Genting Malaysia Berhad. The Offer is expected to be completed by fourth quarter of 2025.
AmInvestment Bank Berhad acted as financial advisor to Genting Berhad.
Genting Berhad (KLSE:GENTING) completed the acquisition of 23.13% stake in Genting Malaysia Berhad (KLSE:GENM) for MYR 3.1 billion on December 1, 2025. Before completion, Genting Berhad held 49.99% stake in Genting Malaysia Berhad. After completion, Genting Berhad holds 73.13% stake in Genting Malaysia Berhad. Reported Earnings • Nov 28
Third quarter 2025 earnings released: EPS: RM0.008 (vs RM0.058 in 3Q 2024) Third quarter 2025 results: EPS: RM0.008 (down from RM0.058 in 3Q 2024). Revenue: RM7.48b (up 14% from 3Q 2024). Net income: RM30.3m (down 87% from 3Q 2024). Profit margin: 0.4% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to RM3.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Hospitality industry in Malaysia. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM5.92 per share. Duyuru • Oct 13
Genting Berhad (KLSE:GENTING) proposed to acquire remaining 50.64% stake in Genting Malaysia Berhad (KLSE:GENM) for MYR 6.7 billion. Genting Berhad (KLSE:GENTING) proposed to acquire remaining 50.64% stake in Genting Malaysia Berhad (KLSE:GENM) for MYR 6.7 billion on October 13, 2025. As part of the acquisition, Genting Berhad will acquire 2.87 billion shares in Genting Malaysia Berhad at MYR 2.35 per share in cash. In the event Genting Berhad receives acceptances of not less than nine-tenths in the nominal value of the Offer Shares on or before the Closing Date, Genting Berhad intends to invoke section 222 of the CMSA to compulsorily acquire any remaining Offer Shares from the Holders who have not accepted the Offer. Upon completion, Genting Berhad will own 100% stake in Genting Malaysia Berhad. The consideration will be fully satisfied via a combination of debt financing of up to approximately MYR 6.3 billion and remaining through internally generated funds. The transaction is subject to Genting Berhad having received valid acceptances by the holders. The transaction is not subject to the approval of Genting Berhad’s shareholders, any other approvals or corporate proposals of Genting Berhad or Genting Malaysia Berhad. The Offer is expected to be completed by fourth quarter of 2025.
AmInvestment Bank Berhad acted as financial advisor to Genting Berhad. Major Estimate Revision • Sep 04
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from RM0.287 to RM0.234 per share. Revenue forecast steady at RM28.4b. Net income forecast to grow 224% next year vs 19% growth forecast for Hospitality industry in Malaysia. Consensus price target down from RM3.99 to RM3.87. Share price was steady at RM2.79 over the past week. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: RM0.063 (vs RM0.062 in 2Q 2024) Second quarter 2025 results: EPS: RM0.063 (up from RM0.062 in 2Q 2024). Revenue: RM6.78b (down 1.1% from 2Q 2024). Net income: RM243.5m (up 1.6% from 2Q 2024). Profit margin: 3.6% (in line with 2Q 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jun 09
Consensus EPS estimates fall by 20% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from RM0.35 to RM0.282 per share. Revenue forecast steady at RM28.5b. Net income forecast to grow 288% next year vs 58% growth forecast for Hospitality industry in Malaysia. Consensus price target down from RM4.32 to RM4.11. Share price rose 4.7% to RM3.14 over the past week. New Risk • May 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 4.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (142% payout ratio). Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • May 30
First quarter 2025 earnings released: EPS: RM0.001 (vs RM0.15 in 1Q 2024) First quarter 2025 results: EPS: RM0.001 (down from RM0.15 in 1Q 2024). Revenue: RM6.51b (down 12% from 1Q 2024). Net income: RM4.57m (down 99% from 1Q 2024). Profit margin: 0.1% (down from 7.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: RM0.23 (down from RM0.24 in FY 2023). Revenue: RM27.7b (up 2.2% from FY 2023). Net income: RM883.0m (down 5.0% from FY 2023). Profit margin: 3.2% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Duyuru • Apr 25
Genting Berhad, Annual General Meeting, Jun 12, 2025 Genting Berhad, Annual General Meeting, Jun 12, 2025, at 10:00 Singapore Standard Time. Location: 26th floor, wisma genting, jalan sultan ismail, 50250 kuala lumpur Malaysia Price Target Changed • Apr 17
Price target decreased by 7.6% to RM4.85 Down from RM5.24, the current price target is an average from 12 analysts. New target price is 49% above last closing price of RM3.25. Stock is down 28% over the past year. The company is forecast to post earnings per share of RM0.42 for next year compared to RM0.23 last year. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RM3.15, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Hospitality industry in Malaysia. Total loss to shareholders of 23% over the past three years. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.23 (vs RM0.24 in FY 2023) Full year 2024 results: EPS: RM0.23 (down from RM0.24 in FY 2023). Revenue: RM27.7b (up 2.2% from FY 2023). Net income: RM882.9m (down 5.0% from FY 2023). Profit margin: 3.2% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Feb 28
Genting Berhad Announces Re-Designation of Dato' Sri Tan Kong Han as Chief Executive Officer from Executive Director, Effective 1 March 2025 Genting Berhad announced re-designation of Dato' Sri Tan Kong Han as chief executive officer from executive director of the company. Date of change is 1 March 2025. Age: 59. Qualifications: Masters, MA, St. John's College, Cambridge; Others, Barrister-at-Law, Lincoln's Inn; Degree, BA, St. John's College, Cambridge. Working experience and occupation: Dato' Sri Tan Kong Han, the President and Chief Operating Officer of the Company since 1 July 2007, was appointed as an Executive Director of the Company on 1 January 2020 and redesignated as the President and Chief Operating Officer and Executive Director of the Company on the same day. Dato’ Sri Tan was appointed as the Deputy Chief Executive of Genting Plantations Berhad on 1 December 2010 prior to his appointment as Chief Executive and Executive Director of Genting Plantations Berhad on 1 January 2019. He has more than 13 years working experience in investment banking prior to joining Tanjong Public Limited Company as the Group Chief Operating Officer in 2003. He left Tanjong Public Limited Company in 2007 to join the Company. He serves as a director of a variety of subsidiary companies within the Genting Berhad and Genting Plantations Berhad group. He is also a member of the Board of Trustees of Yayasan Genting and Yayasan Kebajikan Komuniti Malaysia, the Administrator of The Community Chest, Malaysia, a director of Asian Centre for Genomics Technology Berhad and Genting RMTN Berhad, all of which are public companies as well as the Managing Director of Pan Malaysian Pools Sdn Bhd. Dato' Sri Tan Kong Han is appointed as the Chief Executive of the Company with effect from 1 March 2025 and redesignated as the Chief Executive, President and Executive Director of the Company. Price Target Changed • Nov 29
Price target decreased by 7.5% to RM5.32 Down from RM5.75, the current price target is an average from 12 analysts. New target price is 42% above last closing price of RM3.74. Stock is down 20% over the past year. The company is forecast to post earnings per share of RM0.42 for next year compared to RM0.24 last year. Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: RM0.058 (vs RM0.14 in 3Q 2023) Third quarter 2024 results: EPS: RM0.058 (down from RM0.14 in 3Q 2023). Revenue: RM6.54b (down 11% from 3Q 2023). Net income: RM223.8m (down 57% from 3Q 2023). Profit margin: 3.4% (down from 7.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 31
First half dividend of RM0.06 announced Dividend of RM0.06 is the same as last year. Ex-date: 17th September 2024 Payment date: 11th October 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: RM0.062 (vs RM0.042 in 2Q 2023) Second quarter 2024 results: EPS: RM0.062 (up from RM0.042 in 2Q 2023). Revenue: RM6.86b (up 3.0% from 2Q 2023). Net income: RM239.7m (up 49% from 2Q 2023). Profit margin: 3.5% (up from 2.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • Jun 14
Genting Berhad Announces Retirement of THILLAINATHAN A/L RAMASAMY as Non Independent and Non Executive Director Genting Berhad Announced the Retirement of DATO DR. THILLAINATHAN A/L RAMASAMY, age 79 as Non Independent and Non Executive Director. Date of change is on June 13, 2024. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0.15 (vs RM0.026 in 1Q 2023) First quarter 2024 results: EPS: RM0.15 (up from RM0.026 in 1Q 2023). Revenue: RM7.43b (up 28% from 1Q 2023). Net income: RM588.9m (up RM490.8m from 1Q 2023). Profit margin: 7.9% (up from 1.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 20
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: RM0.24 (up from RM0.078 loss in FY 2022). Revenue: RM27.1b (up 21% from FY 2022). Net income: RM929.2m (up RM1.23b from FY 2022). Profit margin: 3.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Apr 20
Genting Berhad, Annual General Meeting, Jun 13, 2024 Genting Berhad, Annual General Meeting, Jun 13, 2024, at 10:00 Singapore Standard Time. Location: Broadcast Venue, 25th Floor, Wisma Genting Jalan Sultan Ismail 50250 Kuala Lumpur Kuala Lumpur Malaysia Agenda: To approve the payment of Directors' fees totalling RM1,575,000 for the financial year ended 31 December 2023; to approve the payment of Directors' benefits-in-kind from the date immediately after the Fifty-Sixth Annual General Meeting of the Company to the date of the next annual general meeting of the Company in 2025; to re-appoint PricewaterhouseCoopers PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; to approve the authority to Directors pursuant to Sections 75 and 76 of the Companies Act 2016; to approve the proposed renewal of the authority for the Company to purchase its own shares; to approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature and proposed new shareholders' mandate for additional recurrent related party transactions of a revenue or trading nature. Upcoming Dividend • Mar 13
Upcoming dividend of RM0.09 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 19 April 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Malaysian dividend payers (4.7%). Lower than average of industry peers (4.0%). Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.24 (vs RM0.078 loss in FY 2022) Full year 2023 results: EPS: RM0.24 (up from RM0.078 loss in FY 2022). Revenue: RM27.1b (up 21% from FY 2022). Net income: RM929.2m (up RM1.23b from FY 2022). Profit margin: 3.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 30
Consensus EPS estimates increase by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from RM25.4b to RM25.9b. EPS estimate increased from RM0.254 to RM0.312 per share. Net income forecast to grow 150% next year vs 36% growth forecast for Hospitality industry in Malaysia. Consensus price target broadly unchanged at RM5.68. Share price rose 7.3% to RM4.68 over the past week. Reported Earnings • Nov 24
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: RM0.14 (up from RM0.033 in 3Q 2022). Revenue: RM7.37b (up 20% from 3Q 2022). Net income: RM520.5m (up 307% from 3Q 2022). Profit margin: 7.1% (up from 2.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 69%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 04
Upcoming dividend of RM0.06 per share at 4.1% yield Eligible shareholders must have bought the stock before 11 September 2023. Payment date: 06 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.1%. Lower than top quartile of Malaysian dividend payers (5.2%). Lower than average of industry peers (5.4%). Reported Earnings • Aug 25
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2023 results: EPS: RM0.042 (up from RM0.015 loss in 2Q 2022). Revenue: RM6.66b (up 17% from 2Q 2022). Net income: RM160.5m (up RM220.1m from 2Q 2022). Profit margin: 2.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 25
Genting Berhad Declares Interim Single-Tier Dividend for First Half of Fiscal Year Ending December 31, 2023, Payable on 06 October 2023 Genting Berhad has declared an interim single-tier dividend of 6.0 sen per ordinary share for first half of 2023 compared with 7.0 sen per ordinary share a year ago. Payment Date: 06 October 2023; Ex-Date 11 September 2023; Entitlement date: 12 September 2023. Reported Earnings • May 26
First quarter 2023 earnings released: EPS: RM0.026 (vs RM0.052 loss in 1Q 2022) First quarter 2023 results: EPS: RM0.026 (up from RM0.052 loss in 1Q 2022). Revenue: RM5.82b (up 38% from 1Q 2022). Net income: RM98.0m (up RM297.7m from 1Q 2022). Profit margin: 1.7% (up from net loss in 1Q 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 13
Upcoming dividend of RM0.09 per share at 3.9% yield Eligible shareholders must have bought the stock before 20 March 2023. Payment date: 20 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Malaysian dividend payers (5.3%). Lower than average of industry peers (5.2%). Reported Earnings • Feb 24
Full year 2022 earnings released: RM0.078 loss per share (vs RM0.36 loss in FY 2021) Full year 2022 results: RM0.078 loss per share (improved from RM0.36 loss in FY 2021). Revenue: RM22.4b (up 65% from FY 2021). Net loss: RM299.9m (loss narrowed 78% from FY 2021). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 25
Third quarter 2022 earnings: Revenues miss analyst expectations Third quarter 2022 results: Revenue: RM6.12b (up 75% from 3Q 2021). Net income: RM128.0m (up RM472.6m from 3Q 2021). Profit margin: 2.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. President, COO & Non-Independent Executive Director Kong Tan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 05
Upcoming dividend of RM0.07 per share Eligible shareholders must have bought the stock before 12 September 2022. Payment date: 06 October 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (4.0%).