Genting SP: 3Q12 Net Profit Down 47% To S$110.3 Million.

Resorts World Sentosa, Singapore Integrated Resort, contributed revenue of S$662.0 million and adjusted EBITDA of S$304.0 million. Comparing to the second quarter of 2012, overall revenue and adjusted EBITDA was affected by a lower win percentage in the premium player business. Other business segments remain healthy with Universal Studios Singapore recording a daily average visitation of 9,100 visitors and average spend of S$86. The hotel business saw an increase in occupancy rate to 93% with an average room rate of S$432. As the Marine Life Park moves into its final pre-operations phase, the Company continue to incur pre-opening operating costs without corresponding revenue...

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