Back 28 May 2025

Shangri-La Malaysia Sees Profit Growth in Q1 2025

Linkhttps://links.sgx.com/1.0.0/corporate-announcements/Y5NYHU58YT1HMRPN/68163767d85111b0391353d218ba8153bd91ced0708a1224416c5ee0cd0fb677

Summary:

  • Shangri-La Hotels (Malaysia) Berhad (SHMB) announced its financial results for the first quarter ended March 31, 2025.
  • The company, a 52.78% subsidiary of Shangri-La Asia Limited, is listed on Bursa Malaysia.
  • Revenue for Q1 2025 was MYR 133,124, a slight decrease from MYR 137,710 in Q1 2024.
  • Despite the revenue dip, profit for the period rose to MYR 13,142 in Q1 2025, up from MYR 13,039 in Q1 2024.
  • Profit attributable to ordinary equity holders of the parent also saw an increase to MYR 11,529 (Q1 2025) from MYR 11,097 (Q1 2024).
  • Basic earnings per share improved to 2.62 in Q1 2025, compared to 2.52 in Q1 2024.
  • Net assets per share attributable to ordinary equity holders of the parent increased to 1.8000.
  • No dividends were proposed or declared for the period.