28-02-2020, 07:28 PM
Hotel Royal Limited released financial results for the year ended 31 december 2019 : https://links.sgx.com/FileOpen/4Q2019%20...eID=598581
Due to the recent Covid-19 virus outbreak, business in February 2020 has been very adversely affected. This will continue into March 2020 and 3Q 2020. The directors are of the opinion that it is prudent to preserve cash to tide through this difficult period.
It declared a dividend of 2.5 cents per share.
Hotel Royal today closed at 2.850 (-0.080), down 2.73%.
Due to the recent Covid-19 virus outbreak, business in February 2020 has been very adversely affected. This will continue into March 2020 and 3Q 2020. The directors are of the opinion that it is prudent to preserve cash to tide through this difficult period.
It declared a dividend of 2.5 cents per share.
Hotel Royal today closed at 2.850 (-0.080), down 2.73%.
Specuvestor: Asset - Business - Structure.
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