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MANDARIN ORIENTAL INTERNATIONAL LIMITED HALF-YEARLY RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2017
Hamilton, Bermuda – 7 August 2017 – 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 2017.
Highlights
· Lower earnings due to renovation of London property
· Strategic review of The Excelsior, Hong Kong announced
· Four new management contracts signed
“While earnings will continue to be impacted into 2018 by the renovation of the London property, the Group’s strong brand, healthy balance sheet and portfolio growth will support its future performance.”
Ben Keswick
Chairman
The full press release can be viewed at: