Brief: Hongkong And Shanghai Hotels Posts FY Revenue Hk$5,874 Million
17/03/2020 10:06
March 17 (Reuters) - Hongkong and Shanghai Hotels Ltd
0045.HK :
* HONGKONG AND SHANGHAI HOTELS LTD- FY REVENUE HK$5,874
MILLION
VERSUS HK$6,214 MILLION
* HONGKONG AND SHANGHAI HOTELS LTD- FY EBITDA HK$1,390
MILLION
VERSUS HK$1,680 MILLION
* HONGKONG AND SHANGHAI HOTELS LTD- DECLARING A FINAL
DIVIDEND OF
9 HK CENTS PER SHARE
* HONGKONG AND SHANGHAI HOTELS LTD - MANAGEMENT ESTIMATES
THAT
GROUP WILL SUSTAIN AN OPERATING LOSS IN Q1 OF 2020
* HONGKONG AND SHANGHAI HOTELS-COVID-19 STARTED TO
SIGNIFICANTLY
NEGATIVELY IMPACT OPERATIONS IN GREATER CHINA IN LATE JAN 2020,
NOW AFFECTING ALL BUSINESS OPERATIONS
Source text for Eikon: ID:nHKS9KGPmf
Further company coverage: 0045.HK
((Reuters.Briefs@thomsonreuters.com;))
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