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Mandarin Oriental reverses to full-year net loss of US$55.5m

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Published Fri, Mar 6, 2020 · 09:50 PM

    Singapore

    DUAL-LISTED hotelier Mandarin Oriental's underlying net profit - which excludes non-trading items - tumbled 37 per cent to US$41.2 million for fiscal 2019, down from US$64.9 million a year earlier.

    This came as the combined revenue of hotels under its management slipped 5 per cent to US$1.33 billion from US$1.4 billion in 2018.

    mandarin orientalFinancial results

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