Home Capital Results

Mandarin Oriental reports underlying losses of US$41 mil in 1Q and expects 'further loss' in 2Q

Felicia Tan
Felicia Tan5/5/2021 06:20 PM GMT+08  • 2 min read
Mandarin Oriental reports underlying losses of US$41 mil in 1Q and expects 'further loss' in 2Q
The “challenging” trading conditions in the 1QFY2021 were attributable to the adverse impact from Covid-19.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

In its interim management statement for the 1QFY2021, Mandarin Oriental International has reported unaudited underlying losses of US$41 million ($54.7 million).

Mandarin Oriental is a member of the Jardine Matheson group.

It adds that it expects to report “a further loss” in the 2QFY2021.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now