Grand Plaza Hotel Corporation posts FY 2025 revenue of S$502.6 million and net profit of S$8.8 million

SGX Filings
05/25

Grand Plaza Hotel Corporation reported audited results for the year ended Dec, 31 2025, showing revenue of S$502.6 million and a net profit of S$8.8 million.

Total assets stood at S$1.51 billion, while total liabilities were S$500.1 million. The company’s current ratio was 1.71 and its debt-to-equity ratio improved to 0.49.

Room revenue rose 6.3 % year on year to S$269.1 million, but overall revenue slipped 4.8 % due to the end of a key lease, which cut rental income from S$101.1 million to S$56.2 million.

Food and beverage income edged up 1.7 % to S$169.7 million. Administrative expenses increased 10.9 % to S$330.6 million, reflecting higher payroll, depreciation and professional fees.

The board did not declare dividends for the year. Grand Plaza Hotel Corporation operates The Heritage Hotel Manila, a 450-room property in Pasay City, Philippines.

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