Genting Malaysia Berhad : Keeping It Up-27/08/2010

In line with ours, but above consensus. Genting Malaysia’s (GM) 1HFY10 core net profit was in line with our expectations, making up 52% of our forecast, but above consensus, making up 57% of consensus FY10 forecast. No EI losses or gains were recorded this quarter. GM declared an interim dividend of 3.6 sen (2Q09: 3 sen), which is in line with forecasts.