Shangri-La Asia (SHALY) Projected to Announce Earnings on Thursday

Shangri-La Asia (OTCMKTS:SHALY) is expected to announce its results after the market closes on Thursday, August 27th. Analysts expect Shangri-La Asia to post earnings of $0.60 per share and revenue of $1.1652 billion for the quarter.

Shangri-La Asia Price Performance

Shares of SHALY stock opened at $10.40 on Tuesday. The stock has a 50 day simple moving average of $10.55 and a two-hundred day simple moving average of $11.16. The company has a current ratio of 1.86, a quick ratio of 1.84 and a debt-to-equity ratio of 1.11. Shangri-La Asia has a fifty-two week low of $10.40 and a fifty-two week high of $11.85.

About Shangri-La Asia

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.