February 28, 2020 / 9:47 AM / a month ago

BRIEF-Shangri-La Hotels (Malaysia) Posts Qtrly Revenue 125.1 Million RGT

Feb 28 (Reuters) - Shangri-La Hotels (Malaysia) Bhd :

* QTRLY NET PROFIT 10.4 MILLION RGT

* QTRLY YEAR AGO REVENUE 135.1 MILLION RGT; QTRLY YEAR AGO NET LOSS 856,000 RGT

* OUTBREAK OF CORONAVIRUS ADVERSELY AFFECTING OCCUPANCY ACROSS GROUP’S HOTELS AND RESORTS

* GROWTH PROSPECTS FOR UBN TOWER & UBN APARTMENTS LIKELY TO SOFTEN THROUGH 2020 AMIDST SLOWER ECONOMIC CONDITIONS Source text here Further company coverage:

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