Casino operator Genting Hong Kong Ltd. has narrowed its consolidated net loss for 2017 after disposing its stakes in cruise operator Norwegian Cruise Line Holdings, Ltd. (NCLH) and The Star Entertainment Group.

In a disclosure to the Hong Kong Stock Exchange, Genting placed the company’s consolidated net loss for 2017 between $240 million and $270 million. The estimated loss for this year was lower than the $537 million net loss it posted in 2016.

The figures, however, did not include the data from Manila-based casino partner Travellers International and Hotel Group Inc., which operates the Resorts World Manila casino resort in the Philippines. Genting is set to announce its audited consolidated results for the year 2017 in March 2018.

Genting attributed the improvement of the company’s net loss by disposing its shares in NCLH and The Star.