Genting Hong Kong warns shareholders of $1.5bn net loss for 2020

Casino cruise ship operator Genting Hong Kong Limited has informed shareholders the group is expecting a consolidated operating loss of $600m and a consolidated net loss of no less than $1.5bn for the year ended 31 December 2020. The figures are based on the preliminary review of its unaudited consolidated management accounts, and show a decline compared to the same period in 2019 when operating loss was $96m and net loss was $159m. The loss is...