Revenue for the quarter also rose 2% to RM6.66 billion from RM6.51 billion previously.

Genting said Resorts World Sentosa (RWS) recorded a revenue of RM1.88 billion in the current quarter.

“Steady operational progress was made in the quarter, with non-gaming revenue increasing year-on-year, supported by higher visitation to key attractions including Universal Studios Singapore and the Singapore Oceanarium at RWS,” it said in a filing with Bursa Malaysia.

As for its oil palm plantation segment, Genting said revenue was higher in the current quarter. Additionally, the previous year’s corresponding quarter featured higher profit realised on brought-forward inventory.

“The downstream manufacturing segment recorded higher revenue, and the power division’s revenue increased, primarily attributable to higher generation from the Banten Plant in Indonesia in the current quarter due to no outage, unlike the previous year’s corresponding quarter, which was impacted by an unplanned outage,” it said.

The company said the group’s performance for the remaining period of the 2026 financial year might be impacted as global growth momentum is expected to soften amid ongoing geopolitical tensions in West Asia and broader macroeconomic uncertainties, despite certain economies, such as the US, having demonstrated resilience to date.

“In Malaysia, the outlook is expected to remain cautious, as growth may moderate due to inflationary pressures, geopolitical uncertainties and external headwinds weighing on the broader domestic economy.

“Cross-border tourism demand is expected to face challenges due to weaker outbound travel trends and higher travel-related costs,” it added.