
2019-11-14 17:05:02
Banyan Tree sinks lower into the red in 3Q
SINGAPORE (Nov 14): Banyan Tree Holdings sank deeper into the red with a net loss of $9.4 million for the 3Q19 ended Sept, compared to a $7 million loss a year ago.
The operator of luxury resorts attributed the lower bottomline to lower operating profit from the hotel investments and property sales...