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Mandarin Oriental net profit up 49% in H1
The higher earnings come from improved performances across most of the portfolio, especially in Hong Kong
Add BT as a preferred sourcePublished Thu, Jul 26, 2018 · 09:50 PM
Singapore
HOTELIER Mandarin Oriental, a part of the Jardine Matheson Group, has reported a 49 per cent jump in net profit to US$22.3 million in the first half of the year.
The higher earnings were driven by improved performances across most of the portfolio, notably in Hong Kong, the group said. This trend is expected to continue in the second half of the year, it added.
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