Hotel Royal Ltd 2018 AR2
The report highlights Hotel Royal Limited's 50th anniversary as a public-listed company in FY2018. During the year, the company completed a rights issue raising $50.4 million to repay bank borrowings and fund working capital. Financially, Group revenue declined marginally by 2.3% to $60.1 million, while net profit attributable to shareholders decreased by 8.3% to $6.9 million. The company also announced the proposed acquisition of the 418-room Royale Chulan Bukit Bintang Hotel in Kuala Lumpur for MYR197 million to expand its hospitality footprint.
Company: Hotel Royal Ltd
Sector: Hospitality & food services
Country: Singapore
Year: 2018
Type: AR2
Pages: 168
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Hotel Royal Ltd
Annual Report
The report highlights Hotel Royal Limited's 50th anniversary as a public-listed company in FY2018. During the year, the company completed a rights issue raising $50.4 million to repay bank borrowings and fund working capital. Financially, Group revenue declined marginally by 2.3% to $60.1 million, while net profit attributable to shareholders decreased by 8.3% to $6.9 million. The company also announced the proposed acquisition of the 418-room Royale Chulan Bukit Bintang Hotel in Kuala Lumpur for MYR197 million to expand its hospitality footprint.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Employees