Reported Earnings • Mar 19
Full year 2025 earnings released: EPS: HK$0.19 (vs HK$0.57 loss in FY 2024) Full year 2025 results: EPS: HK$0.19 (up from HK$0.57 loss in FY 2024). Revenue: HK$7.98b (down 23% from FY 2024). Net income: HK$320.0m (up HK$1.26b from FY 2024). Profit margin: 4.0% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 18
The Hongkong and Shanghai Hotels, Limited, Annual General Meeting, May 13, 2026 The Hongkong and Shanghai Hotels, Limited, Annual General Meeting, May 13, 2026, at 12:00 China Standard Time. New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Announcement • Feb 27
The Hongkong and Shanghai Hotels, Limited to Report Fiscal Year 2025 Results on Mar 18, 2026 The Hongkong and Shanghai Hotels, Limited announced that they will report fiscal year 2025 results on Mar 18, 2026 Reported Earnings • Aug 07
First half 2025 earnings released: HK$0.17 loss per share (vs HK$0.27 loss in 1H 2024) First half 2025 results: HK$0.17 loss per share (improved from HK$0.27 loss in 1H 2024). Revenue: HK$3.28b (down 29% from 1H 2024). Net loss: HK$289.0m (loss narrowed 36% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Announcement • Jul 18
The Hongkong and Shanghai Hotels, Limited to Report First Half, 2025 Results on Aug 06, 2025 The Hongkong and Shanghai Hotels, Limited announced that they will report first half, 2025 results on Aug 06, 2025 Announcement • May 09
The Hongkong and Shanghai Hotels, Limited Announces Change in Composition of Nomination Committee, Effective May 7, 2025 The Hongkong and Shanghai Hotels, Limited announced that, in light of the change of the Corporate Governance Code on appointing at least one director of a different gender to the nomination committee, Nomination Committee recommended and the Board resolved to appoint Dr. Rosanna Yick Ming Wong, an Independent Non-Executive Director of the Company, as a member of the Nomination Committee, replacing Dr. the Hon. Sir David Kwok Po Li with effect from 7 May 2025. Reported Earnings • Apr 01
Full year 2024 earnings released: HK$0.57 loss per share (vs HK$0.089 profit in FY 2023) Full year 2024 results: HK$0.57 loss per share (down from HK$0.089 profit in FY 2023). Revenue: HK$10.3b (up 27% from FY 2023). Net loss: HK$943.0m (down HK$1.09b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
The Hongkong and Shanghai Hotels, Limited, Annual General Meeting, May 07, 2025 The Hongkong and Shanghai Hotels, Limited, Annual General Meeting, May 07, 2025. Announcement • Mar 13
The Hongkong and Shanghai Hotels, Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 The Hongkong and Shanghai Hotels, Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Oct 24
The Hongkong and Shanghai Hotels, Limited Announces Change of Deputy Chairman The Board of Directors of The Hongkong and Shanghai Hotels, Limited announced that Mr. Andrew Clifford Winawer Brandler, Non- Executive Deputy Chairman of the Company, will resign as the Deputy Chairman of the Board with effect from 31 December 2024. Mr. Brandler will remain a Non-Executive Director, the Chairman of the Finance Committee and a member of the Audit Committee, Remuneration Committee and Executive Committee. There are no changes in the terms of appointment of Mr. Brandler as a Non-Executive Director following Mr. Brandler's resignation as the Deputy Chairman of the Board. The Board announced that Mr. Philip Lawrence Kadoorie, a Non- Executive Director of the Company, will be appointed as the Deputy Chairman of the Board to succeed Mr. Brandler with effect from 1 January 2025. Mr. Kadoorie will also be appointed as a member of the Executive Committee with effect from 1 January 2025. Reported Earnings • Aug 12
First half 2024 earnings released: HK$0.27 loss per share (vs HK$0.057 profit in 1H 2023) First half 2024 results: HK$0.27 loss per share (down from HK$0.057 profit in 1H 2023). Revenue: HK$4.62b (up 89% from 1H 2023). Net loss: HK$448.0m (down HK$542.0m from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 03
Upcoming dividend of HK$0.08 per share Eligible shareholders must have bought the stock before 10 May 2024. Payment date: 20 June 2024. Trailing yield: 1.3%. Lower than top quartile of Hong Kong dividend payers (8.0%). Lower than average of industry peers (3.3%). Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: HK$0.09 (vs HK$0.30 loss in FY 2022) Full year 2023 results: EPS: HK$0.09 (up from HK$0.30 loss in FY 2022). Revenue: HK$8.11b (up 93% from FY 2022). Net income: HK$146.0m (up HK$634.0m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Mar 01
The Hongkong and Shanghai Hotels, Limited to Report Fiscal Year 2023 Results on Mar 19, 2024 The Hongkong and Shanghai Hotels, Limited announced that they will report fiscal year 2023 results on Mar 19, 2024 Reported Earnings • Aug 06
First half 2023 earnings released: EPS: HK$0.057 (vs HK$0.081 in 1H 2022) First half 2023 results: EPS: HK$0.057 (down from HK$0.081 in 1H 2022). Revenue: HK$2.45b (up 47% from 1H 2022). Net income: HK$94.0m (down 30% from 1H 2022). Profit margin: 3.8% (down from 8.1% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
The Hongkong and Shanghai Hotels, Limited Appoints Christobelle Yi Ching Liao as Executive Director and Chief Corporate and Governance Officer The Hongkong and Shanghai Hotels, Limited announced that Ms Christobelle Yi Ching Liao (Ms Liao) will join the Board as an Executive Director and the Chief Corporate and Governance Officer of the Company with effect from 4 August 2023. Ms Liao is currently the Group Director, Corporate and Legal and Company Secretary of the Company, as well as being a member of the Group Management Board of the Company and a Director of a number of the Group's entities. Prior to joining the Company, she worked for an international law firm in Hong Kong as a solicitor in the corporate department. She was responsible for mergers and acquisitions, hotel industry transactions, IPOs, joint venture transactions and direct investment/venture capital investments. Ms Liao joined the Group as Company Secretary and General Counsel in 2002. She was appointed to Group Management Board in 2011 and was promoted to Group Director, Corporate and Legal in 2013 while retaining the position of Company Secretary. Over the years, she has expanded to a much broader role overseeing the Group corporate functions including Group insurances, risk management and corporate governance. She holds additional responsibilities in overseeing the Group's investment in Istanbul and organisational development strategies, such as WorkPlace 2025. With the appointment to the Board as an Executive Director and the Chief Corporate and Governance Officer, Ms Liao will continue to be a strategic leader on the Group Management Board, the Company Secretary for the Company and overseeing the legal function. With her personal qualities and deep understanding of the Company, she will be given additional responsibilities to oversee the Projects Group and the Group Corporate Responsibility and Sustainability function. Ms Liao is a qualified solicitor in Hong Kong and England & Wales. She holds a Bachelor of Laws from the London School of Economics and Political Science. She is 54 years old. Ms Liao has not held any directorships in any listed companies in Hong Kong or overseas in the last three years. As at the date of this announcement, Ms Liao does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance nor any relationship with any Directors, members of senior management or substantial or controlling shareholders of the Company. Announcement • Jul 04
The Hongkong and Shanghai Hotels, Limited to Report Q2, 2023 Results on Aug 03, 2023 The Hongkong and Shanghai Hotels, Limited announced that they will report Q2, 2023 results on Aug 03, 2023 Reported Earnings • Mar 16
Full year 2022 earnings released: HK$0.30 loss per share (vs HK$0.073 loss in FY 2021) Full year 2022 results: HK$0.30 loss per share (further deteriorated from HK$0.073 loss in FY 2021). Revenue: HK$4.20b (up 21% from FY 2021). Net loss: HK$488.0m (loss widened 307% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 07
First half 2022 earnings released: EPS: HK$0.081 (vs HK$0.27 loss in 1H 2021) First half 2022 results: EPS: HK$0.081 (up from HK$0.27 loss in 1H 2021). Revenue: HK$1.66b (up 32% from 1H 2021). Net income: HK$134.0m (up HK$586.0m from 1H 2021). Profit margin: 8.1% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: HK$0.07 loss per share (up from HK$1.18 loss in FY 2020). Revenue: HK$3.46b (up 28% from FY 2020). Net loss: HK$120.0m (loss narrowed 94% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 28%, compared to a 58% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 06
First half 2021 earnings released: HK$0.27 loss per share (vs HK$0.73 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: HK$1.26b (down 5.2% from 1H 2020). Net loss: HK$452.0m (loss narrowed 62% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2020 earnings released: HK$1.18 loss per share (vs HK$0.30 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.71b (down 54% from FY 2019). Net loss: HK$1.94b (down 493% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.71b (down 54% from FY 2019). Net loss: HK$1.94b (down 493% from profit in FY 2019). Is New 90 Day High Low • Feb 23
New 90-day high: HK$7.84 The company is up 7.0% from its price of HK$7.30 on 25 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 18% over the same period. Is New 90 Day High Low • Nov 17
New 90-day high: HK$6.71 The company is up 2.0% from its price of HK$6.57 on 19 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: HK$5.84 The company is down 9.0% from its price of HK$6.44 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 08
New 90-day low: HK$5.96 The company is down 13% from its price of HK$6.85 on 10 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 14% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: HK$6.05 The company is down 13% from its price of HK$6.97 on 24 June 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 14% over the same period. 
