According to a report in GGRAsia, the company announced Thursday that, helped by strong results in its UK casino operations, profit for the April to June period was RM465.3 million, up 108 per cent year-on-year.

The company said in a press release it had achieved “strong group performance” in the second quarter of 2016, “despite a challenging operating environment”.

Total revenue increased by 13 per cent to RM2.23 billion compared with the same quarter last year, Genting Malaysia said.

Adjusted earnings before interest, taxation, depreciation and amortisation (Ebitda) grew by 52 per cent to RM662.2 million. Profit before tax was up 89 per cent in year-on-year terms to RM512.1 million, the GGRAsia report said.

Genting Malaysia’s total revenue for the first six months of 2016 grew by 9 per cent year-on-year to RM4.45 billion.

Genting Malaysia said it remained focused on the development of its Genting Integrated Tourism Plan (GITP), which aims to upgrade the Resorts World Genting complex in Malaysia.

“Pre-opening activities continue to ramp up as the group prepares for the opening of the various GITP attractions and facilities in stages, commencing before the end of the year,” the firm stated.

In February, Genting Malaysia had announced that it would be doubling the investment under the plan.

“The group remains committed to optimising its operational efficiencies, yield management systems and database marketing efforts as well as enhancing customer service at Resorts World Genting,” GGRAsia quoted the casino operator as saying.

Meanwhile, The Star reported, Genting Bhd, the holding company of the Genting group, which owns 49.3 per cent equity interest in Genting Malaysia Bhd, announced a 334 per cent growth in bottom line for Q2 to RM294.73 million.