Hotel Royal (SGX:H12) First Half 2024 Results

Key Financial Results

• Revenue: S$32.5m (up 18% from 1H 2023).

• Net income: S$3.46m (up 50% from 1H 2023).

• Profit margin: 11% (up from 8.4% in 1H 2023). The increase in margin was driven by higher revenue.

• EPS: S$0.029 (up from S$0.019 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hotel Royal shares are down 3.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Hotel Royal's balance sheet health.

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