Jul 29, 2010

Mandarin Oriental posts 1H earnings of $17.8m

Written by The Edge

Mandarin Oriental says earnings before interest, tax, depreciation and amortisation for the first six months of 2010 were US$58 million ($79.2 million) compared to US$35 million in the first half of 2009.

The group’s underlying profit for the period was US$13 million, up from US$1 million in the same period in 2009.

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