Hongkong and Shanghai Hotels published its FY 2025 annual results, reporting revenue of HKD 7.98 billion, down 22%. The decline was driven by fewer Peninsula London Residences sales, with one unit sold for HKD 395 million versus seven units a year earlier. Profit attributable to shareholders was HKD 320 million, while underlying profit was HKD 105 million. Excluding residential sales, revenue from operations rose 11% to HKD 7.58 billion and operating EBITDA increased 43% to HKD 1.72 billion, driven by improved hotel performance including The Peninsula New York after its renovation and contributions from Tokyo and London. CEO Benjamin Vuchot said the group has launched a strategic review and enters 2026 cautiously optimistic, with plans focused on operational efficiency, margin control, financial discipline, and technology enhancements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Hongkong and Shanghai Hotels Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12056691), on March 18, 2026, and is solely responsible for the information contained therein.
Comments