Shangri-La Asia (SHALY) Expected to Announce Quarterly Earnings on Friday
by Tristan Rich · The Markets DailyShangri-La Asia (OTCMKTS:SHALY – Get Free Report) will likely be issuing its resultson Friday, March 20th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $1.1770 billion for the quarter.
Shangri-La Asia Price Performance
Shares of OTCMKTS SHALY opened at $11.44 on Wednesday. The firm has a 50-day simple moving average of $11.44 and a 200-day simple moving average of $11.46. The company has a current ratio of 1.63, a quick ratio of 1.62 and a debt-to-equity ratio of 1.09. Shangri-La Asia has a 52 week low of $10.40 and a 52 week high of $14.84.
Shangri-La Asia Company Profile
Shangri-La Asia Limited is a Hong Kong–based hospitality group principally engaged in the development, ownership and operation of luxury hotels, resorts and serviced apartments. The company’s flagship brand, Shangri-La Hotels and Resorts, encompasses properties that feature high-end accommodations, specialty dining venues, spa and wellness facilities, and meeting and event spaces tailored for both leisure and business travelers. In addition to its core Shangri-La portfolio, the company manages a range of complementary brands, including Kerry Hotels, Hotel Jen and Traders Hotels, each designed to address distinct market segments within the hotel industry.
Since its establishment in 1971 by entrepreneur Robert Kuok, Shangri-La Asia has expanded its footprint across more than 20 countries and territories.