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Shangri-La Asia: Profit declined 12.3% despite revenue growth, with strong cash flow and resilient investment properties
Shangri-La Asia: Profit declined 12.3% despite revenue growth, with strong cash flow and resilient investment properties

About this update from Shangri-la Asia Limited
Revenue grew 2.0% to USD2.19 billion, but profit fell 12.3% to USD161.4 million due to lower EBITDA and non-operating gains. Investment properties and hotel management outperformed, while Mainland China hotels lagged. Record free cash flow and strong liquidity position support future growth. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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