THIRD QUARTERLY REPORT
Quarterly report on consolidated results for the nine months ended 30 September 2025. The figures have not been audited.
CONDENSED CONSOLIDATED INCOME STATEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2025
INDIVIDUAL QUARTER
Third quarter ended
30 SeptemberCUMULATIVE PERIOD
Nine months ended
30 September2025 RM'000 | 2024 RM'000 | 2025 RM'000 | 2024 RM'000 | ||
Revenue | 3,357,796 | 2,749,145 | 8,871,517 | 8,183,509 | |
Cost of sales | (2,415,963) | (2,110,533) | (6,414,601) | (6,123,415) | |
Gross profit | 941,833 | 638,612 | 2,456,916 | 2,060,094 | |
Other income | 94,374 | 136,115 | 385,591 | 378,565 | |
Other expenses | (552,202) | (577,379) | (1,424,014) | (1,316,117) | |
Other (losses)/gains - net | (3,812) | 583,269 | 239,037 | 465,444 | |
Profit from operations before impairment losses | 480,193 | 780,617 | 1,657,530 | 1,587,986 | |
Impairment losses | (2,698) | (11,682) | (2,698) | (35,081) | |
Profit from operations | 477,495 | 768,935 | 1,654,832 | 1,552,905 | |
Finance costs | (219,906) | (201,103) | (600,149) | (526,379) | |
Share of results in associates | (725) | (30,674) | (108,423) | (167,315) | |
Share of results in a joint venture | (5) | (1,365) | (2,143) | (4,351) | |
Profit before taxation | 256,859 | 535,793 | 944,117 | 854,860 | |
Taxation | (159,242) | 12,512 | (396,461) | (207,159) | |
Profit for the financial period | 97,617 | 548,305 | 547,656 | 647,701 | |
Profit/(loss ) attributable to: | |||||
Equity holders of the Company | 119,690 | 569,160 | 609,015 | 709,180 | |
Non-controlling interests | (22,073) | (20,855) | (61,359) | (61,479) | |
97,617 | 548,305 | 547,656 | 647,701 | ||
Earnings per share (s en) for profit attributable to equity holders of the Company: | |||||
- Basic | 2.11 | 10.04 | 10.75 | 12.51 | |
- Diluted | 2.11 | 10.04 | 10.75 | 12.51 |
(The Condensed Consolidated Income Statement should be read in conjunction with the audited Financial Statements for the financial year ended 31 December 2024.)
GENTING MALAYSIA BERHAD
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2025
INDIVIDUAL QUARTER
Third quarter ended
30 SeptemberCUMULATIVE PERIOD
Nine months ended
30 September2025 2024 2025 2024
RM'000 RM'000 RM'000 RM'000
Profit for the financial period 97,617 548,305 547,656 647,701
Other comprehensive (loss)/income Items that will not be reclassified
subsequently to profit or loss:
Changes in the fair value of equity instruments at fair value through
other comprehensive income - - - (2,963)
Items that may be reclass ified
subsequently to profit or loss:
Cash flow hedges | 5,287 | - | 10,445 | - | |
Foreign currency exchange differences | |||||
Net foreign currency exchange differences on translation of foreign operations | (56,468) | (1,157,121) | (410,031) | (901,065) | |
Reclassification to profit or loss upon deemed disposal of associates | - | - | (23,311) | - | |
(56,468) | (1,157,121) | (433,342) | (901,065) | ||
(51,181) | (1,157,121) | (422,897) | (901,065) | ||
Other comprehensive (loss), | |||||
net of tax | (51,181) | (1,157,121) | (422,897) | (904,028) | |
Total comprehensive income/(loss) for | |||||
the financial period | 46,436 | (608,816) | 124,759 | (256,327) |
Total comprehensive income/(loss ) attributable to:
Equity holders of the Company | 67,432 | (700,887) | 131,682 | (284,848) | |
Non-controlling interests | (20,996) | 92,071 | (6,923) | 28,521 | |
46,436 | (608,816) | 124,759 | (256,327) |
(The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited Financial Statements for the financial year ended 31 December 2024.)
GENTING MALAYSIA BERHAD CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2025 | |||
As at | As at | ||
30.09.2025 RM'000 | 31.12.2024 RM'000 | ||
ASSETS Non-current assets Property, plant and equipment | 16,143,885 | 13,779,210 | |
Land held for property development | 178,229 | 178,229 | |
Investment properties | 2,176,155 | 2,263,531 | |
Intangible assets | 5,107,823 | 3,999,802 | |
Right-of-use assets | 1,274,466 | 924,002 | |
Associates | 11,273 | 2,113,198 | |
Joint venture | 36,311 | 38,453 | |
Financial assets at fair value through other comprehensive income | 66,648 | 70,784 | |
Financial assets at fair value through profit or loss | - | 408,096 | |
Amounts due from associates | - | 54,696 | |
Other non-current assets | 170,869 | 390,596 | |
Deferred tax assets | 42,401 | 42,311 | |
25,208,060 | 24,262,908 | ||
Current assets | |||
Inventories | 196,285 | 186,786 | |
Trade and other receivables | 684,432 | 551,476 | |
Amount due from holding company | 865 | 658 | |
Amounts due from related companies | 1,108 | 1,101 | |
Financial assets at fair value through profit or loss | 823,377 | - | |
Restricted cash | 27,669 | 10,032 | |
Cash and cash equivalents | 3,435,781 | 3,536,631 | |
5,169,517 | 4,286,684 | ||
Assets classified as held for sale | - | 17,808 | |
5,169,517 | 4,304,492 | ||
TOTAL ASSETS | 30,377,577 | 28,567,400 | |
EQUITY AND LIABILITIES Equity attributable to equity holders of the Company Share capital | 1,764,424 | 1,764,424 | |
Reserves | 10,997,368 | 11,092,396 | |
Treasury shares | (935,660) | (935,660) | |
11,826,132 | 11,921,160 | ||
Non-controlling interests | (889,058) | (882,135) | |
TOTAL EQUITY | 10,937,074 | 11,039,025 | |
Non-current liabilities Other long-term liabilities | 251,436 | 237,667 | |
Long term borrowings | 12,770,126 | 11,938,376 | |
Lease liabilities | 1,423,496 | 1,025,054 | |
Deferred tax liabilities | 1,055,892 | 981,043 | |
Derivative financial instruments | 18,674 | 3,960 | |
15,519,624 | 14,186,100 | ||
Current liabilities Trade and other payables | 3,186,718 | 2,925,799 | |
Amount due to holding company | 305 | 15,534 | |
Amounts due to related companies | 2,570 | 2,479 | |
Amounts due to associates | - | 505 | |
Short term borrowings | 388,052 | 282,428 | |
Lease liabilities | 94,817 | 72,762 | |
Derivative financial instruments | 760 | - | |
Taxation | 247,657 | 42,768 | |
3,920,879 | 3,342,275 | ||
TOTAL LIABILITIES | 19,440,503 | 17,528,375 | |
TOTAL EQUITY AND LIABILITIES | 30,377,577 | 28,567,400 | |
NET ASSETS PER SHARE (RM) | 2.09 | 2.10 | |
(The Condensed Consolidated Statement of Financial Position should be read in conjunction with the audited Financial Statements for the financial year ended 31 December 2024.)
GENTING MALAYSIA BERHAD
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2025
Attributable to equity holders of the CompanyShare Capital | Fair Value Reserve | Cash Flow Hedge Reserve | Other Reserves | Treasury Shares | Retained Earnings | Total | Non- controlling Interests | Total Equity | |
RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | |
At 1 January 2025 1,764,424 | (82,530) | (3,364) | 2,157,071 | (935,660) | 9,021,219 | 11,921,160 | (882,135) | 11,039,025 | |
Profit/(los s) for the financial period - | - | - | - | - | 609,015 | 609,015 | (61,359) | 547,656 | |
Other comprehensive income/(los s) - | - | 10,445 | (487,778) | - | - | (477,333) | 54,436 | (422,897) | |
Total comprehensive income/(los s) for the financial period - | - | 10,445 | (487,778) | - | 609,015 | 131,682 | (6,923) | 124,759 | |
Transactions with owners: | |||||||||
Appropriation: | |||||||||
Final s ingle-tier dividend declared for the financial year ended 31 December 2024 | - | - | - | - | - | (226,710) | (226,710) | - | (226,710) |
Total transactions with owners | - | - | - | - | - | (226,710) | (226,710) | - | (226,710) |
At 30 September 2025 | 1,764,424 | (82,530) | 7,081 | 1,669,293 | (935,660) | 9,403,524 | 11,826,132 | (889,058) | 10,937,074 |
(The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the audited Financial Statements for the financial year ended 31 December 2024.)
GENTING MALAYSIA BERHAD
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2024
Attributable to equity holders of the Company
Share Capital | Fair Value Reserve | Other Reserves | Treasury Shares | Retained Earnings | Total | Non-controlling Interests | Total Equity | |
RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | |
Balance at 1 January 2024 | 1,764,424 | (83,898) | 2,466,011 | (935,660) | 9,616,594 | 12,827,471 | (815,360) | 12,012,111 |
Profit/(loss) for the financial period | - | - | - | - | 709,180 | 709,180 | (61,479) | 647,701 |
Other comprehensive (loss)/income | - | (2,963) | (991,065) | - | - | (994,028) | 90,000 | (904,028) |
Total comprehensive (loss)/income for the financial period | - | (2,963) | (991,065) | - | 709,180 | (284,848) | 28,521 | (256,327) |
Transactions with owners: | ||||||||
Appropriation: | ||||||||
Final single-tier dividend declared for the financial year ended 31 December 2023 | - | - | - | - | (510,097) | (510,097) | - | (510,097) |
Interim single-tier dividend declared for the financial year | ||||||||
ended 31 December 2024 | - | - | - | - | (340,064) | (340,064) | - | (340,064) |
Total transactions with owners | - | - | - | - | (850,161) | (850,161) | - | (850,161) |
At 30 September 2024 | 1,764,424 | (86,861) | 1,474,946 | (935,660) | 9,475,613 | 11,692,462 | (786,839) | 10,905,623 |