SGX:H12Hospitality
Hotel Royal (SGX:H12) Stock Premium Leans On Stronger Margins
Hotel Royal stock came into this earnings print at SGD2.15, roughly flat over the past month but slightly higher over the past week, which signals cautious optimism rather than full conviction. The headline is simple. Earnings kept moving in the right direction, with trailing net profit margin at 17.4% and earnings growth of 112.3% over the last year, while the P/E of 20.4x now sits a little above both peers and the wider Asian hospitality sector. The real question for investors is how long...