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HPL back in the black for FY2022 with earnings of $76.4 million

The Edge Singapore
The Edge Singapore • 1 min read
HPL back in the black for FY2022 with earnings of $76.4 million
The Alpina Dolomites Hotel run by HPL / Photo: Hotel Properties Limited
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Hotel Properties has reported earnings of $76.4 million for FY2022, a big swing from the loss of $7.7 million suffered in the preceding financial year ended Dec 31 2021.

Revenue increased by 52.7% to $525.5 million, as the property and hospitality firm enjoyed a strong recovery from the pandemic.

The company plans to pay a first and final dividend of 4 cents per share, plus a special dividend of 1 cent. For the preceding FY2021, HPL paid 4 cents.

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