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25 September 2020 The on-line newspaper devoted to the world of transports 23:51 GMT+2

August 28, 2020

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Original news
Genting HK ended the first half with a net loss -742.6 million dollars

The revenues of the cruise and navalmechanical group tumbled by -69.0%

The effects of the coronavirus pandemic have had a significant impact on the first half of 2020 Genting Hong Kong group, which mainly operates Cruises under the Stars, Dream Cruises and Crystal brands Cruises and shipbuilding activities under MV brands Werften and Lloyd Werft. Overall, revenues amounted to 226.2 million dollars, down -69.0% on the first half 2019. EBITDA was negative for -204.1 76.9 million dollars compared to positive EBITDA of 76.9 million in the first six months of last year. Operating profit and net economic result were both negative and positive -232.2 and -742.6 million, respectively, against negative results for -38.3 million and -56.5 million million dollars in the first half of 2019.

PSA Genova Pra'
Autorità di Sistema Portuale Mar Ligure Orientale

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