Wanda Hotel Development (00169) announced the results for the year ended December 31, 2023, with a group revenue of 9.8...
According to the Zhitong Finance App, Wanda Hotel Development (00169) announced the results for the year ended December 31, 2023. The Group's revenue was HK$983 million, up 20.36% year on year; profit attributable to shareholders was HK$165 million, a year-on-year decrease of 14.54%; and profit per share was HK3.5 cents.
The announcement said that with the relaxation of travel restrictions and epidemic prevention and control measures, the company expects China's domestic travel market to continue to heat up in 2024. The Group will closely monitor the performance of the company's business operations. Furthermore, the Group will continue to expand the company's hotel network and plans to add 42 additional hotels in 2024. The Group will continue to carefully search for good investment opportunities, continue to expand the Group's revenue sources, enhance the Group's profitability, and maximize the interests of the company's shareholders.