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MANDARIN ORIENTAL INTERNATIONAL LIMITED HALF-YEARLY RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2016
Hamilton, Bermuda – 1 August, 2016 – In a filing with the Bermuda Stock Exchange, Mandarin Oriental International Limited (the “Company”; Ticker: MOIBD.BH) announced its results for the six months ending 30th June 2016. The filing stated:
Highlights
Challenging conditions in a number of key markets
Underlying earnings 26% lower
Acquisition of Mandarin Oriental, Boston complete
“Challenging trading conditions are expected to continue to impact the Group’s performance during the second half of the year. Nevertheless, the Group benefits from its strong competitive position and balance sheet.”
Ben Keswick
Chairman
The full press release has been published on the Company’s website: http://202.66.146.82/listco/sg/mandarin/interim/2016/int.pdf
For further information, please contact:
Mandarin Oriental Hotel Group International Limited
James Riley / Stuart Dickie (852) 2895 9288
Jill Kluge / Sally de Souza (852) 2895 9167
Brunswick Group Limited
Susan Ho (852) 3512 5069