City Lodge Hotels LimitedJSE: CLH

CLH: Revenue up 13%, net profit up 15%, and debt-free with increased dividends and share buy-back

· Issued by City Lodge Hotels Limited

Revenue grew 13% to R1.9bn, with net profit up 15% and group occupancy at 58%. Strong cash flow enabled debt repayment, increased dividends, and a share buy-back, while strategic investments in refurbishments and sustainability position the group for continued growth.

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