SStrengths: inside matters
For our group’s survey and research on Genting Group ,we found that the strengths of it is that Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. They have over 27,000 employees, 11,000 acres of prime resort land and more than80,000 hectares of plantation land. The Genting Group is the collective name for Genting Berhad and its subsidiaries, which comprise the following three listed entities, with a combined market capitalisation of about RM47 billion (US$14 billion). (*as at 30 September 2008)The Genting Group was founded in 1965 by the late Tan Sri (Dr.) Lim Goh Tong with the development of a beautiful highlands resort, named Genting Highlands Resort. Located at 2,000metres above sea level and 58 kilometres from Kuala Lumpur in Malaysia, Genting Highlands Resort is now one of the world’s leading integrated entertainment resorts, attracting 19.6million visitors in 2007 (see History for further details).Under the leadership of Tan Sri Lim Kok Thay, the Genting Group continues to grow from strength to strength. His commitment to excellence, innovation and growth has resulted in the birth of premier global brand names. Genting Berhad is the investment holding and management company of the Genting Group. The principle activities of the Group are leisure & hospitality, power generation, oil palm plantation, property development and oil & gas. The Group is committed to continue to grow strongly as a leading Asian multinational corporation.
W=Weaknesses: inside matters
Genting broke its uptrend line .Genting reported its results for 1Q2008 ending 31/3/2008 on May 29th. The net profit declined 14.6% q-o-q or 33.1% y-o-y to RM439.4 million. Turnover of RM2.164 billion was 6.6% higher than the same quarter last year, but 3.8% lower than the immediately preceding quarter. The 33.1%-drop in net profit, when compared to the same quarter last year,...