Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from a year earlier
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Hotel group Shangri-La Asia on Thursday (Aug 28) posted a net profit of US$57.9 million for the six months ended Jun 30, 2025, down 38.7 per cent from US$94.5 million a year earlier.
This translated to a basic earnings per share (EPS) of US$0.0163 for H1 2025, against a basic EPS of US$0.02661 for H1 2024.
Revenue climbed marginally by 0.7 per cent to US$1.06 billion, from US$1.05 billion previously. This was driven by higher revenue from the group’s investment properties, but offset partially by lower revenue from its hotel properties segment.
Contributions from investment properties rose 13.9 per cent year on year to US$68 million in H1 2025, from US$59.7 million. This was driven by continued improvements of the group’s investment properties in Mongolia and Sri Lanka, as well as increased contributions from the newly opened Shangri-La Centre in Fuzhou.
The lower contributions from hotel properties came amid revenue declines in mainland China and Singapore, but were offset partially by top-line growth in Hong Kong, Japan and France.
In H1 2025, Shangri-La Asia launched its luxury hotel brand, Shangri-La Signatures, to capture a more affluent customer segment.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
The group expects upcoming openings to strengthen its portfolio. These include Shangri-La Kunming in Q4 2025, as well as Traders and Shangri-La Hongqiao in H2 2025.
The board declared an interim dividend of HK$0.05 per ordinary share – unchanged from a year earlier – to be paid on Oct 10.
Shangri-La Asia noted that H1 2025 presented “continued market headwinds” that placed pressure on its revenue and earnings.
“As we navigate through market uncertainties, we continue to prioritise enhancing guest experiences, maintaining financial discipline and building new capabilities that position us for sustainable growth,” it added.
The counter ended Thursday 2.6 per cent or HK$0.13 lower at HK$4.86.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
