Resorts operator Banyan Tree Holdings has reported earnings of $514,000 for 1HFY2022 ended June, reversing from a loss of $42.6 million in the year-earlier period.The company reported a revenue of $118.6 million, up 110% y-o-y, as business improved with the pandemic easing and holiday makers back.Th...

RESORTS operator Banyan Tree Group on Tuesday (Aug 9) posted a S$514,000 net profit for H1 ended June, reversing the year-ago S$42.6 million loss, as the rising tide of travel lifted all its business segments.

Arnoud De Meyer, an independent director of resorts operator Banyan Tree Holdings, has acquired more shares on the open market. De Meyer, an academic focusing on areas such as R&D and innovation management, manufacturing strategy and international management, acquired 100,000 shares at 29 cents ...

THE following companies saw new developments that may affect trading of their securities on Friday (Mar 18):

BANYAN Tree Group B58 has appointed president Eddy See as its new chief executive as part of the company's "leadership development and succession planning".

WHILE the pandemic and possible disruptions from emerging macro events such as the Russian-Ukraine tensions continue to loom, resorts operator Banyan Tree Group is optimistic that the return of international travel and its diversified business will propel the group forward, said Eddy See pre...

HOTEL Properties reversed into the black in the fiscal second half from a year ago as the group started seeing better performance from its resorts in Maldives, the company's latest financials released on Friday (Feb 25) showed.

Banyan Tree Group announced a smaller net loss after minority interests of $55.2 million in FY2021 compared with $95.8 million in FY2020. Nonetheless, two consecutive years of losses have caused shareholders equity to fall by 14% as at end-2021 to $538 million. On the other hand, operating and free ...

Luxury resort operator has reported a 25% y-o-y drop in revenue to $56.5 million for 1HFY2021, as the pandemic continues to affect its business. However, its net loss has been reduced by 13% y-o-y to $42.6 million from $49.2 million, as the company cut costs, made gains from sale of properties. Wh...

The Ng family that is most famous for owning real estate giant Far East Organization, has emerged as a substantial shareholder of resort operator Banyan Tree Holdings, whose business has been affected by the ongoing pandemic. According to a regulatory filing, Goodview Properties, controlled by the N...

The Ng family that’s most famous for owning real estate giant Far East Organization, has emerged as a substantial shareholder of resort operator Banyan Tree Holdings. According to an SGX filing, Goodview Properties Pte Ltd, controlled by the Ngs, on Aug 3 paid $465,387 for 1.5 million Banyan Tree ...

Singapore has been dealing with the Covid-19 pandemic for over a year now and several new trends have risen in the market amid the “new norms”. In RHB Securities Singapore’s 20 Jewels 2021 Edition, the research house notes that while Covid-19 caused a steep correction in global markets, especi...

THE shares of Singapore-listed resorts operator Banyan Tree Holdings, which had eight hotels and six spas in in its Thailand portfolio as at last December, have been rallying lately.

Resort-developer Banyan Tree sank deeper into the red with losses of $49.8 million in 2H2020 ended December, down from earnings of $5.2 million in the year before. This follows a 61% plunge in its revenue to $82.5 million in 4Q2020 from $213.97 million in the year before that came as a result of the...

Resort-developer Banyan Tree Holdings sank deeper into the red with losses off $49.1 million in 1H2020 ended June, from the $2.6 million in losses a year ago. The deepening losses was due to the impact of the global movement control restrictions on the tourism and hospitality sector. This translates...