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Hotel Royal posts 92.5% drop in 4Q earnings to $0.2 mil on higher operating expenses

Michelle Zhu
Michelle Zhu • 2 min read
Hotel Royal posts 92.5% drop in 4Q earnings to $0.2 mil on higher operating expenses
SINGAPORE (Mar 1): Hotel Royal posted a 92.5% decline in fourth quarter earnings to $0.2 million in 4Q17 compared to its earnings of $2.9 million in 4Q16 on the back of higher operating expenses.
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