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M04 - Mandarin Oriental International News Story

$1.42 0.0  0.7%

Last Trade - 10:15am

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.44bn
Enterprise Value £1.83bn
Revenue £458.9m
Position in Universe 566th / 5939

BRIEF-Mandarin Oriental International Posts Unaudited Underlying Loss Of Some US$40 Million In Q1

Thu 9th April, 2020 10:34am
April 9 (Reuters) - Mandarin Oriental International Ltd
 MOIL.SI :
    * UNAUDITED UNDERLYING LOSS OF SOME US$40 MILLION IN Q1
    * UNDERLYING LOSS IN Q2 IS EXPECTED TO BE LARGER THAN IN Q1
    * MAJORITY OF GROUP'S HOTELS ARE NOW EFFECTIVELY CLOSED DUE
TO
COVID-19 IMPACT
    * WITHDRAWN RECOMMENDATION OF FINAL DIVIDEND IN RESPECT OF
2019
FINANCIAL YEAR

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ1VG5Vb
Further company coverage:  MOIL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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