Financial Statements and Related Announcement::Profit Guidance
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Financial Statements and Related Announcement::Profit Guidance
lssuer & Securities
lssuer/ Manager GENTING SINGAPORE PLC
Securities GENTING SINGAPORE PLC - GB0043620292 - G13
Stapled Security No
Announcement Details
Announcement Title Financial Statements and Related Announcement
Date & Time of Broadcast 04-Aug-2015 23:01:51
Status Ne Announcement Sub Title Profit Guidance Announcement Reference SG150804OTHRZJ27
Submitted By (Co./ lnd. Name) Joscelyn Tan
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
Please see attached.
Additional Details
For Financial Period Ended 30/06/2015
Attachments
SGX Announcement.pdf
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http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announce...
04/08/20l5
The Board of Directors of Genting Singapore PLC (the "Company", together with its subsidiaries, the "Group") wishes to announce that the Group is expected to report a significant decline in net profits after tax for the second quarter ended 30
June 2015 ("2Q 2015"). This is due mainly to fair value loss on derivative financial instruments as a result of unfavourable market conditions and unrealised foreign exchange translation losses. Notwithstanding the foregoing, on a theoretical normalised hold basis, the Group expects its adjusted EBITDA for 2Q 2015 to be comparable to the preceding quarter.
The 2Q 2015 accounts of the Group has not yet been finalised as at the date of this announcement and the information contained in this announcement is based on a preliminary assessment by the Board with reference to the information currently available.
Further details of the Group's performance will be disclosed when the Group
announces its 2Q 2015 financial results on 13 August 2015.
Shareholders and investors are advised to exercise caution when dealing in the shares of the Company.
By Order of the Board
Genting Singapore PLCJoscelyn Tan
Company Secretary
4 August 2015
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