SINGAPORE (May 12): Continuing to benefit from the ongoing recovery of regional travel and gaming demand, Genting Singapore reported a net profit of S$129.2 million (RM433.79 million) for the first financial quarter ended March 31, 2023 (1QFY2023), over threefold the S$40.4 million net profit recorded for the corresponding period last year.

For 1QFY2023, the group reported S$484.5 million in revenue, a 54% improvement from 1QFY2022.

For the period, this comprised primarily of S$340.0 million in gaming revenue, up 45% year-on-year, and S$144.4 million in non-gaming revenue, which was an 89% improvement...(click here for the full story on theedgesingapore.com).