Last $26.61 USD
Change Today 0.00 / 0.00%
Volume 0.0
SHALY On Other Exchanges
Symbol
Exchange
Berlin
OTC US
OTC US
Singapore
Hong Kong
As of 8:10 PM 02/20/15 All times are local (Market data is delayed by at least 15 minutes).

shangri-la asia ltd spon adr (SHALY) Key Developments

Shangri-La Asia Limited Announces Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Shangri-La Asia Limited announced audited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenue of MYR 125,050,000 against MYR 131,743,000 a year ago. Profit before income tax was MYR 17,676,000 against MYR 74,689,000 a year ago. Profit for the period was MYR 9,186,000 against MYR 70,997,000 a year ago. Profit attributable to equity holders of the company was MYR 9,952,000 or 2.26 cents per basic share against MYR 67,763,000 or 15.40 cents per basic share a year ago. For the year, the company reported revenue of MYR 513,679,000 against MYR 511,225,000 a year ago. Profit before income tax was MYR 119,497,000 against MYR 168,181,000 a year ago. Profit for the year was MYR 85,792,000 against MYR 139,808,000 a year ago. Profit attributable to equity holders of the company was MYR 79,340,000 or 18.03 cents per basic share against MYR 130,367,000 or 29.63 cents per basic share a year ago. Net assets per share attributable to the company's equity holders were MYR 2.1704 against MYR 2.1701 a year ago. Net cash inflow from operating activities was MYR 149,678,000 against MYR 156,880,000 a year ago. Purchase of property, plant and equipment was MYR 106,205,000 against MYR 32,903,000 a year ago. The reduced financial performance for 2014 was primarily due to the absence of a MYR 29.744 million write back in 2013 of an impairment provision related to the group's investment in Myanmar, as well as share of associates losses arising from a net fair value loss on the revaluation of the Shangri-La Residences held by Shangri-La Yangon Company Ltd. the groups 22.22% associate.

Shangri-La Asia Limited Provides Earnings Guidance for the Year Ended December 31, 2014

The board of directors of Shangri-La Asia Limited announced to the shareholders of the company and potential investors that, based on the information currently available to the company and the preliminary assessment of the unaudited management financial statements of the Group, the Board anticipates that the Group's unaudited operating profit before non-operating items and after tax and after share of non-controlling interests (Operating Profit) for the year ended December 31, 2014 will increase by not less than 30% as compared to that for the year ended December 31, 2013. This improvement in the unaudited Operating Profit was principally due to the increase in operating results of the investment properties in Mainland China and the decrease in pre-opening expenses of new projects.

Shangri-La Asia Limited Announces Appointment of KUOK Hui Kwong as Nonexecutive Director

The board of directors of Shangri-La Asia Limited announced that Ms KUOK Hui Kwong has been appointed as a non-executive Director of the company with effect from 27 October 2014. Ms KUOK, aged 36, is a director of Kerry Holdings Limited, and a governor of Kerry Group Kuok Foundation (Hong Kong) Limited. She is also currently a director of a subsidiary of the company. Ms KUOK received her undergraduate degree from Harvard University, USA. She is the sister of Mr. KUOK Khoon Chen, the Chairman of the company, and the cousin of Ms TEO Ching Leun, the Company Secretary of the company.

Shangri-La Asia Limited Presents at Bank of America Merrill Lynch China Conference 2014, Nov-03-2014

Shangri-La Asia Limited Presents at Bank of America Merrill Lynch China Conference 2014, Nov-03-2014 . Venue: JW Marriott Beijing (Chaoyang), Beijing, China.

Shangri-La to Launch New Business Hotel Brand in Orchard Road

Shangri-La will launch its new business hotel brand in Orchard Road in September 2014. Hotel Jen Orchardgateway, the first hotel under the Jen brand, will open for business on September 17, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SHALY:US $26.61 USD 0.00

SHALY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Kerry Properties Ltd $26.15 HKD +0.50
Melia Hotels International SA €10.70 EUR -0.03
Millennium & Copthorne Hotels PLC 575.00 GBp +3.00
NH Hotel Group SA €4.59 EUR +0.04
Shanghai Jin Jiang International Hotels Group Co Ltd $2.25 HKD -0.03
View Industry Companies
 

Industry Analysis

SHALY

Industry Average

Valuation SHALY Industry Range
Price/Earnings 16.5x
Price/Sales 2.0x
Price/Book 0.7x
Price/Cash Flow 19.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SHANGRI-LA ASIA LTD SPON ADR, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.