KUALA LUMPUR: Shares of GENTING BHD [] fell in early trade on Wednesday, Feb 23, which dragged the FBM KLCI into the red.
Genting fell 18 sen to RM10.22 with 1 million shares done. Genting Singapore-C& fell 10 sen to 90 sen.
The KLCI fell 6.84 points to 1,506.79. Turnover was 173 million shares done valued at RM140.58 million. Decliners beat advancers 336 to 71 while 148 stocks were unchanged.
Genting is expected to release its fourth quarter results later Wednesday.
Genting Singapore plc, had on Tuesday, posted net profit from continuing operations of S$91.65 million in the fourth quarter ended Dec 31, 2010 compared with net loss of S$101.69 million a year ago. For FY10, its net profit was S$657.20 million compared with a net loss of S$282.24 million.
At the discontinued operations level, Genting Singapore posted net loss of S$150.32 million after suffering net losses of S$241.97 million. For FY10, it was net profit of S$37.76 million versus net loss of S$277.56 million in FY09.
Net loss attributable to equity holders of Genting Singapore were S$150.32 million versus net loss of S$101.67 million a year ago. For FY10, net profit was S$37.76 million versus net loss of S$277.56 million in FY09.
Genting fell 18 sen to RM10.22 with 1 million shares done. Genting Singapore-C& fell 10 sen to 90 sen.
The KLCI fell 6.84 points to 1,506.79. Turnover was 173 million shares done valued at RM140.58 million. Decliners beat advancers 336 to 71 while 148 stocks were unchanged.
Genting is expected to release its fourth quarter results later Wednesday.
Genting Singapore plc, had on Tuesday, posted net profit from continuing operations of S$91.65 million in the fourth quarter ended Dec 31, 2010 compared with net loss of S$101.69 million a year ago. For FY10, its net profit was S$657.20 million compared with a net loss of S$282.24 million.
At the discontinued operations level, Genting Singapore posted net loss of S$150.32 million after suffering net losses of S$241.97 million. For FY10, it was net profit of S$37.76 million versus net loss of S$277.56 million in FY09.
Net loss attributable to equity holders of Genting Singapore were S$150.32 million versus net loss of S$101.67 million a year ago. For FY10, net profit was S$37.76 million versus net loss of S$277.56 million in FY09.
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