The Hongkong and Shanghai Hotels Ltd (OTCPK:HKSHY)
$ 12.75 -0.86 (-6.32%) Market Cap: 1.06 Bil Enterprise Value: 3.22 Bil PE Ratio: 0 PB Ratio: 0.28 GF Score: 51/100
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Half Year 2019 Hongkong and Shanghai Hotels Ltd Earnings Call Transcript

Aug 07, 2019 / 08:30AM GMT
Release Date Price: $26.43
Matthew James Lawson
The Hongkong and Shanghai Hotels, Limited - CFO, Member of Group Management Board & Executive Director

Welcome. Good afternoon, ladies and gentlemen. First of all, I'd like to issue an apology from our CEO, Clement Kwok. He actually had eye surgery recently. So he is not here today.

So I'm pleased to welcome you to the presentation for our 2019 interim results, and these were posted on the stock exchange website earlier this afternoon. So sitting beside me, I believe many of you will know my colleagues, but to my left is our Chief Operating Officer, Mr. Peter Borer; and on my right-hand side is our Group Director of Properties, Mr. Martyn Sawyer.

As with previous sessions, we have a disclaimer for you to read. So please take your time to read that, I'm assuming you've done so.

So in terms of the first half of 2019, the first half has been a challenging period for our group. We encountered global political and economic uncertainty with escalating trade tensions in some of our key markets. The political protests in Hong Kong continue, and we are

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