Genting Malaysia EBITDA/revenue seen at pre-Covid levels by 2022

Genting Malaysia’s EBITDA is likely to return to its pre-pandemic levels by 2022 and reach 60 percent this year, Standard & Poor’s said.

It said the 2021 level would be exceeded in 2022 with travel restrictions easing towards end-2021 as the pick-up in pent-up demand should underpin the resorts and casino operator’s operational recovery.

S&P: Genting Malaysia EBITDA and revenue to reach pre-pandemic levels by 2022 (Malay Mail)