
ICP LTD 196200234E
10 Anson Road, #28-16 International Plaza, Singapore, 079903
60
366
10 Anson Road, #28-16 International Plaza, Singapore, 079903
60
366
Breaking:
In this episode, we dive into the half-year FY 2025 financial results of ICP-LTD, an investment holding company that's making waves in the hospitality sector. Discover how their strategic pivot from oil tankers to hotel management and investment is paying off, with a remarkable 43.1% increase in revenue.
We'll explore the factors driving their growth, such as new hotel openings and overall sector recovery, while discussing the challenges they face, including below pre-COVID visitor levels and rising competition. Our analysis also covers cost management strategies, their first steps into the REIT market, and a write-down of intangible assets.
Join us as we uncover ICP-LTD's approach to balancing expansion with profitability, their decision to prioritize reinvestment over dividends, and how they navigate financial hurdles like bank covenants. Gain insights into their future plans, KPIs, and the external economic factors influencing their trajectory in the hospitality industry.
There will be an AGM on
Event dates:
Meeting Date and Time |
18/10/2023 15:00:00 |
Response Deadline Date |
15/10/2023 15:00:00 |
For more information, click here: ICP LTD 2023 AGM