Shangri-La Asia Limited (00069) published an overseas regulatory announcement concerning its 73.61%-owned subsidiary, Shangri-La Hotel Public Company Limited (SHANG). According to the audited report, Shangri-La Hotel Public Company Limited and its subsidiaries recorded a consolidated net profit of 240.91 million for the year ended December 31, 2025, marking a 35.06% decrease from the previous year. On a standalone basis, the company reported a net profit of 457.02 million, representing a 25.98% decline year-on-year.

The decrease was mainly attributed to reduced room and food-and-beverage revenues at Shangri-La Bangkok and Shangri-La Chiang Mai, partly influenced by market downturns following an earthquake and border dispute. While overall direct costs remained significant, a combination of lower occupancy and fewer events led to a decline in operating income. The audit opinion stated that the financial statements gave a true and fair view of the company’s financial performance and position in all material respects.

In addition, the announcement disclosed that the board of directors has proposed a final dividend payment of 130.00 million (equivalent to 1.00 per share) for the 2025 fiscal year, subject to approval at the annual general meeting. No further statements on future plans or outlook were included in the announcement.