Analysts foresee solid recovery for Genting and Genting Malaysia

Hong Leong Investment Bank Research said in a note Genting's core loss after tax and minority interests (LATAMI) of RM296.9 million in the third quarter ended Sept 30, 2021 (3QFY21), which brought its 9MFY21 cumulative loss to RM998.1 million, was above its expectation as it expects Genting to be profitable in the next quarter.