Affected by the new coronavirus epidemic，Asian 188bet online casino games giant Genting Hong Kong lost more than US.7 billion in the past year，The construction of many 188bet online casino games ships at its shipyards has been suspended。

Genting Hong Kong recently released its financial report，Net loss for fiscal year 2020 as of December 31, 2020 expanded to 17.USD 1.6 billion，Higher than 2019 loss1.US.9 billion。Genting Hong Kong’s annual revenue plummeted by 76%.50%，From 15 in 2019.USD 6.1 billion dropped to just 3.USD 6.7 billion，This is mainly due to the suspension of its cruise 188bet online casino games business since February last year due to the epidemic。

Genting Hong Kong name，The company’s cruise 188bet online casino games business turned from profit to loss in 2020，Operating loss reaches 2.USD 6.9 billion，And the operating profit in 2019 was 1.US billion。

As understood，Since February last year，The outbreak caused Genting Hong Kong to cancel many voyages，And temporarily suspend its three major cruise brands Dream Cruises、Almost all cruise tour operations of Crystal Cruises and Star Cruises。Until July last year，Dream Cruises’ “Exploration Dream” has just resumed sailing，Operating "island hopping" routes in Taiwan，This is the first cruise ship in the world to resume sailing。Also，Dream Cruises' "World Dream" will also start operating domestic cruise 188bet online casino games in Singapore from November 2020。

Li Fengxia, Senior Vice President of Marketing Department of Genting 188bet online casino games Lines, said recently，Even assuming that the group can restart services in the middle of this year，But the outage has been more than a year，So it is estimated that the group will lose 1.5 million tourists by then，Nearly 500 flights canceled。

Except cruise 188bet online casino games business，The performance of German shipbuilding group MV Werften, a subsidiary of Genting Hong Kong, also deteriorated seriously last year，Operating losses increased to from .3 million in 2019.US billion。This is mainly due to Germany closing its borders during the epidemic，Non-German subcontractors must send workers home，Resulting in the suspension of operations of three shipyards from March to October last year。Loss in 2020 includes 9..8 billion adjustment，Mainly some intangible assets、Property、Non-cash impairment losses on plant, equipment and other assets、share of results of associates，And expenses related to losses on the sale of subsidiaries。

In Germany the Economic Stabilization Fund was issued 1.After €9.3 billion short-term bridging loan，MV Werften restarted operations in October last year，Continuing construction of Genting Hong Kong’s new 188bet online casino games ships “Global Dream” and “Crystal Endeavor”。However，Genting Hong Kong also said，The construction of the "Global II" 188bet online casino games ship has been postponed，And suspend the construction of "Endeavor II" and Global Class 188bet online casino games ships。

Looking ahead to this year，Genting Hong Kong is confident in restarting cruise 188bet online casino games business。The company said，With the resumption of voyages of "Explorer Dream" and "World Dream" last year，Overall performance is expected to improve。Genting Hong Kong expects that the three cruise brands will be able to operate with more than 80% passenger capacity in August this year。

*This 188bet online casino gamesComeSource: International Shipping Network, original title: "Genting Hong Kong suffered huge losses of US.7 billion and suspended construction of multiple 188bet online casino games ships》.