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15 September 2019 The on-line newspaper devoted to the world of transports 11:56 GMT+2



September 2, 2019

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Original news
Genting Hong Kong has closed first semester 2019 with a net loss of -56,5 million dollars

The revenues are diminished of -6,2%

The group Genting Hong Kong Ltd. , whose activity is mainly centralized on the division cruises Genting Cruise Lines that work the marks Star Cruises, Dream Cruises and Crystal Cruises and on the navalmeccanica division that includes i German ship yards MV Werften and Lloyd Werft, has archived item the first half of 2019 with revenues pairs to 729,2 million dollars, with a decrease of the -6,2% on the first semester last year, of which 652,4 million dollars generated from the segment of cruises (+1.6%) and 54,5 million dollars from the revenues of the shipbuilding segment produced from orders emitted from external customers to group (- 46.7%).

The EBITDA has been pairs to 76,9 million dollars respect to a Gross Operating Margin of sign negative for -5,0 million dollars in the first six months of 2018, with a contribution of 82,3 million dollars from the field of the cruises (63,0 million in first semester 2018) and of 27,9 million dollars from the navalmeccanico field (- 46,7 million). Genting Hong Kong has closed the first semester of 2019 with an operating result and economic result clearly both of sign negative and pairs respective to -38,3 million and -56,5 million dollars against sign results they also negative for -117,8 million and -141,3 million dollars in the first half last year.


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