Genting Q4 core earnings fall 6 pct, better than forecast

SINGAPORE, Feb 20 (Reuters) – Genting Singapore PLC, a casino operator that runs Resorts World Sentosa inthe affluent city-state, reported a 6 percent fall infourth-quarter profit but the result still came above estimates. “Comparing to the fourth quarter of 2011, the businessvolume in the premium players segment improved significantly by56 percent. However, this was offset by weaker win percentage inthe premium players business,” it said in a statement onThursday. Margins will remain under pressure in the first half of thisyear, Genting Singapore said. …

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