1. Homepage
  2. Equities
  3. Singapore
  4. Singapore Stock Exchange
  5. Mandarin Oriental International Limited
  6. News
  7. Summary
    M04   BMG578481068

MANDARIN ORIENTAL INTERNATIONAL LIMITED

(M04)
  Report
Delayed Singapore Stock Exchange  -  01:22 2022-06-27 am EDT
1.870 USD   +0.54%
06/15Mandarin Oriental Announces its First Mountain Resort in Cortina, Italy
AQ
06/02Mandarin Oriental Commemorates Global Wellness Day 2022 with 'Intelligent Movement' Launch
AQ
05/19Mandarin Oriental Mayfair, London to Open on Hanover Square this Winter; A contemporary launch for one of London's most historic neighbourhoods
AQ
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Mandarin Oriental 1Q Performance Conditions Improved on Higher Room Rates

05/19/2022 | 04:10am EDT

By Michael Susin


Mandarin Oriental International Ltd. reported an Ebitda loss for the first-quarter period, with the impact of Covid-19-related travel restrictions in Asia being offset by a robust performance in Europe, the Middle East and Africa.

The Hong Kong hotel investment and management group said loss before interest, taxes, depreciation and amortization was of $1 million in the first quarter.

Owned hotels adjusted Ebitda--which strips out exceptional and other one-off items--reported a loss of $6 million, while management business's adjusted Ebitda profit was of $5 million.

The company said EMEA occupancy levels were lower than prepandemic levels, but room rates are generally higher than in 2019.

The company said that performance conditions have improved compared to the first quarter of 2021 in most parts of the world, but properties in China have been particularly affected, and these challenges have continued into the second quarter.

Shares at 0944 GMT were down 0.03 pence, or 1.5%, at 2.03 pence.


Write to Michael Susin at michael.susin@wsj.com


(END) Dow Jones Newswires

05-19-22 0610ET

Stocks mentioned in the article
ChangeLast1st jan.
DOW JONES AFRICA TITANS 50 INDEX 0.29% 458.68 Real-time Quote.-14.61%
JARDINE MATHESON HOLDINGS LIMITED 0.86% 52.52 Delayed Quote.-5.34%
MANDARIN ORIENTAL INTERNATIONAL LIMITED 0.54% 1.87 Delayed Quote.-15.63%
S&P AFRICA 40 INDEX 0.05% 147.79 Real-time Quote.-15.64%
All news about MANDARIN ORIENTAL INTERNATIONAL LIMITED
06/15Mandarin Oriental Announces its First Mountain Resort in Cortina, Italy
AQ
06/02Mandarin Oriental Commemorates Global Wellness Day 2022 with 'Intelligent Movement' Lau..
AQ
05/19Mandarin Oriental Mayfair, London to Open on Hanover Square this Winter; A contemporary..
AQ
05/19Mandarin Oriental 1Q Performance Conditions Improved on Higher Room Rates
DJ
05/13Mandarin Oriental, Washington D.C. Debuts 'Summer x MO'
AQ
05/11The aubrey recreates the izakaya but it could feel more japanese
AQ
05/02Escape This Summer to the Ultimate Private Island Retreat - Complete with Mandarin Orie..
AQ
04/07MANDARIN ORIENTAL INTERNATIONAL LIMI : Publication of 2021 Annual Report and Notice of Ann..
PU
03/23Mandarin Oriental to Open Luxury Hotel in Cairo, Egypt
AQ
03/10MANDARIN ORIENTAL INTERNATIONAL : Launches Branded Exclusive Homes
PU
More news
Financials (USD)
Sales 2021 317 M - -
Net income 2021 -141 M - -
Net Debt 2021 675 M - -
P/E ratio 2021 -20,0x
Yield 2021 -
Capitalization 2 351 M 2 351 M -
EV / Sales 2020 15,5x
EV / Sales 2021 11,1x
Nbr of Employees -
Free-Float 20,1%
Chart MANDARIN ORIENTAL INTERNATIONAL LIMITED
Duration : Period :
Mandarin Oriental International Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MANDARIN ORIENTAL INTERNATIONAL LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Managers and Directors
James Riley Group Chief Executive Officer & Director
Matthew Bishop Chief Financial Officer & Director
Benjamin William Keswick Chairman
Monika Nerger Chief Information Officer
Christoph Mares Chief Operating Officer