Cruise ships operator Genting Hong Kong reported a higher loss in the first-half, hurt by increased operating expenses and fuel costs.
Net loss widened to US$203.2 million for the six months ended June 30, deepening from a loss of US$54.6 million for the same period a year ago.
Total operating expenses jumped 38.5 percent to US$477.5 million.
Fuel costs in the first-half rose to US$398 per metric ton from US$283 per metric ton in the corresponding period last year.
Revenue for the period rose 22 percent to US$532.5 million on the back of an increase in revenue from cruise and cruise-related activities.
Revenue from non-cruise activities from external customers increased 18.1 percent to US$61.3 million, contributed by revenue from its shipyard activities.
Loss per share was 2.38 US cents, up from 0.63 US cents a year ago.
The company declared an interim dividend of US$0.01 per ordinary share.
Shares in the company were unchanged at S$0.265 on the Singapore exchange. Stock has fallen 12 percent so far this year.
