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The Hongkong and Shanghai Hotels, Limited interim results for the six months ended 30 June 2015 (China)

The Hongkong and Shanghai Hotels, Limited (HSH) announced its unaudited interim results today.

The Hongkong and Shanghai Hotels, Limited interim results for the six months ended 30 June 2015 (China)

The Hongkong and Shanghai Hotels, Limited (HSH) announced its unaudited interim results today.

Category: Asia Pacific - China - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2015-08-17



HIGHLIGHTS

· Profit attributable to shareholders amounted to HK$477 million, an increase of 6%, after including property revaluation gains (net of tax and non-controlling interests).

· Underlying profit attributable to shareholders declined by 10% to HK$265 million.

· Total revenue declined by 1% to HK$2,690 million.

· Earnings before interest, tax, depreciation and amortisation (EBITDA) decreased by 3% to HK$642 million and the Group EBITDA margin remained the same at 24%.

· Earnings per share and underlying earnings per share of HK$0.31 (2014: HK$0.30) and HK$0.17 (2014: HK$0.19) respectively.

· Interim dividend of 5 HK cents per share (2014: 5 HK cents per share).

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