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Genting Hong Kong 1H net loss widens to US$202.2m

Genting Hong Kong 1H net loss widens to US$202.2m

KUALA LUMPUR (Aug 18): Genting Hong Kong Ltd saw its net loss for the six months ended June 30, 2017 (1HFY17) widen to US$202.18 million, from US$53.64 million last year, due mainly to start-up of new brands for the Cruise Division and MV Werften Shipyard.

Genting Hong Kong explained it is as the start-ups readied itself for steel cutting of the 20,000 gross ton “Endeavor Class” and the 204,000 gross ton “Global Class” cruise ships in March 2018.

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