LVS's net revenue for the 3Q17 increased 7.7% to US$3.2 billion, compared to US$2.97 billion in 3Q16.
SINGAPORE (Oct 27): UOB Kay Hian is keeping its “hold” recommendation on Genting Singapore (GENS) with an unchanged target price of $1.15 despite strong growth reported by Las Vegas Sands Corp (LVS), the operator of Marina Bay Sands (MBS).
Shares in GENS were one of the most highly traded on Thursday and closed 4.2% higher at $1.25 after LVS reported a 13% growth in earnings to US$685 million ($932 million) for the 3Q ended September, from US$606 million a year ago.
