KUALA LUMPUR (May 25): Genting Malaysia Bhd (GenM)'s net loss narrowed 69.29% to RM27.38 million for the first quarter ended March 31, 2023 (1QFY2023), from RM126.53 million a year earlier, boosted by improved contribution from its leisure and hospitality segment. Loss per share fell to 0.48 sen from 2.24 sen. The leisure and hospitality segment posted higher earnings before interest, tax, depreciate and amortisation (Ebitda) of RM617.3 million, up 45% compared with RM425.6 million in 1QFY2022, as the segment's revenue rose 52% to RM1.

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