Broker Name: OCBC Group Research
Date of Report: 25 February 2026
Excerpt from OCBC Group Research report.
Report Summary:
- Genting Singapore’s 4Q25 results missed expectations due to a slower-than-expected ramp-up and higher operating costs. Net profit for 2H25 declined 29.9% year-on-year despite revenue growth, and the company declared a flat final dividend.
- OCBC lowered its fair value estimate for Genting Singapore from SGD0.96 to SGD0.87, citing ongoing cost pressures and a more gradual revenue ramp-up. Despite near-term challenges, the stock remains rated BUY, supported by its strong balance sheet and attractive ~5% dividend yield.
Above is an excerpt from a report by OCBC Group Research. Clients of OCBC Group Research can be the first to access the full report from the OCBC Bank website: https://www.ocbc.com