InterContinental Hotels says profits up 54 per cent
InterContinental Hotels Group said on Tuesday that its net profits jumped by 54 per cent in the third quarter.
The company, which owns the InterContinental, Crowne Plaza and Holiday Inn chains of hotels, said profit after tax increased to $103 million (74 million euros) in the three months to September 30 from a year earlier.
Sales jumped five per cent to $421 million.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- How Masan employs dealmaking to build its consumer-retail platform (November 25, 2024 | 16:00)
- Kim Oanh Group: reaching out internationally (November 25, 2024 | 15:35)
- Takeda’s partnerships to deliver innovative medicine and vaccines (November 25, 2024 | 14:00)
- New SABECO R&D brewery to foster employee creativity (November 25, 2024 | 13:00)
- Operators embark on 5G services (November 25, 2024 | 12:00)
- Automating ports with 5G (November 25, 2024 | 10:41)
- Transforming accountancy with sustainability and ESG leadership (November 23, 2024 | 09:00)
- Vietnamese agricultural goods make Chinese e-commerce debut (November 22, 2024 | 20:04)
- Vietnam National Assembly adopts amended Law on Pharmacy (November 22, 2024 | 19:09)
- Power of partnerships: 30 years of Bayer in Vietnam (November 22, 2024 | 15:34)
Mobile Version