GENTING Hong Kong, parent company of Crystal Cruises, Dream Cruises and Star Cruises, reported a loss of US$244.3 million in 2017. The result was an improvement on the US$504.2m loss in 2016. This improvement was attributed mainly to a one-off gain of US$205m for the disposal of certain available-for-sale investments...
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GENTING Hong Kong, parent company of Crystal Cruises, Dream Cruises and Star Cruises, reported a loss of US$244.3 million in 2017.
The result was an improvement on the US$504.2m loss in 2016.
This improvement was attributed mainly to a one-off gain of US$205m for the disposal of certain available-for-sale investments and the absence of a 2016 impairment loss of $305m on ordinary shares in Norwegian Cruise Line Holdings of US$305m.
Genting HK recorded 77.2% cruise occupancy for 2017, down from 81.7% in 2016, but its number of capacity days rose from 3.6m to 4.8m.
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