GENSing's cash flow is sufficient to cover both debt repayment and dividends.

Iravan774

According to Moody's Investors Service as of December 2024, Resorts World Sentosa Singapore, operated by Singapore's Genting Singapore Limited, is expected to generate operating cash flows of SGD 1.4 billion (approximately USD 1 billion). This amount is expected to cover moderate debt repayment of SGD 1 billion, projected capital expenditures, and anticipated dividends of SGD 600 million, compared to the company's SGD 3.4 billion cash reserve.

As of August 2023, Singapore has seen a significant recovery in its tourist industry, with visitor numbers reaching 9.01 million, a year-on-year increase of 204.5%.

However, Moody's does not anticipate Resorts World Sentosa's profits to return to their 2019 levels in the next 12-18 months due to high energy and labor costs and an increase in the DC tax rate starting from March 2022.

Ritu13

14 billion in cash flow, I can't even imagine how much that is.

Yamini003

Indeed, a cash flow of 14 billion is quite substantial.

Sona59

This news is also quite good.