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Mandarin Oriental reports higher underlying profit for 1HFY2025 of US$24 mil

Nicole Lim
Nicole Lim • 2 min read
Mandarin Oriental reports higher underlying profit for 1HFY2025 of US$24 mil
The group’s combined total revenue grew 11% y-o-y to US$1.09 million from the increase in RevPAR together with the ramp-up of recent hotel openings in Europe, the Middle East, and China. Photo: Mandarin Oriental
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Mandarin Oriental International has reported a 6% y-o-y increase in underlying profit for the 1HFY2025 ended June 30 of US$24 million ($30.82 million).

The group uses this metric in its internal financial reporting to distinguish between ongoing business performance and non-trading items, as more fully described in note 7 to the financial statements.

Consolidated revenue for 1HFY2025 came in at US$248 million, down 1% y-o-y, while ebitda grew to US$61 million, up 4% y-o-y. This is primarily due to the disposal of the group’s hotel and retail properties in Paris in 2024. On a comparable basis, excluding hotel closures and disposals, consolidated revenue growth was 7%.

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