Strong growth lifts profit at Mandarin Oriental
Strong growth lifted net profit at Mandarin Oriental International by 91 per cent to US$56.8 million (S$71.9 million).
Revenue for the six months to June 30 was up 7 per cent to US$661.1 million.
Most of the group's hotels benefited from positive trading conditions in the first half year.
Two new luxury hotels opened in Guangzhou and Shanghai and a new management contract for a hotel in Istanbul was announced during the period.