Shangri-La Asia

Results

Shangri-La Asia reverses previous losses with FY2023 earnings of US$184.1 mil

The company will resume the payment of dividends and has proposed a final dividend of 15 HK cents per share for FY2023.

Results

Shangri-La Asia is back to black with 1H2023 net profit, but NAV dips marginally

Shangri-La Asia announced net profit of US$131.4 million in 1HFY2023, a turnaround from a loss in 1HFY2022
Some gigs are hotter than others - THE EDGE SINGAPORE

Global Markets

Some gigs are hotter than others

This is why I will still keep my portfolio more at and closer to home
Shangri-La Asia announced a smaller loss in FY2022 - THE EDGE SINGAPORE

Results

Shangri-La Asia announced a smaller loss in FY2022

Shangri-La Asia announces smaller loss in FY2022, NAV falls 10.4% to US$1.47 per share.

Company in the news

Shangri-La Asia's CEO and executive director retires

The company says it is in the process of identifying a suitable candidate to fill the vacancy of CEO.
Broker's Digest: Pan-United Corp, CICT, CDG, Shangri-La Asia, Q&M Dental, SPH - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Pan-United Corp, CICT, CDG, Shangri-La Asia, Q&M Dental, SPH

See the analysts' recommendations and target prices here.
OCBC raises Shangri-La Asia fair value to HK$9.74 on anticipated recovery - THE EDGE SINGAPORE

Broker's Calls

OCBC raises Shangri-La Asia fair value to HK$9.74 on anticipated recovery

Recovery already seen in 2HFY2020 in mainland China

Stocks To Watch

Cost-cutting in place but prospects remain bleak

Shangri-La, which has a secondary listing on the Singapore Exchange, performed poorly among our top 10 stocks picks with a 14.5% loss for a six-month period.

Investing ideas

Top 10 global stocks mauled by market but outperform indices

On average, as a group, the 10 stocks have outperformed the market indices, but were unable to outrun market sentiment.
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