Its casino and attractions were also forced to shut its doors temporarily during the circuit breaker.
Analysts are rather muted on Genting Singapore (GENS) following its disappointing, but not surprising, results announcement on Aug 6.
GENS recorded its worst quarterly performance since opening, as it posted a net loss of $163.3 million in 2Q20, compared to a profit of $168.4 million in 2Q19. GENS being in the business of gaming, entertainment and hospitality saw all its segments suffer from the plunge in visitor arrivals to Singapore due to the Covid-19 pandemic.
