Pan Pacific Hotels Group (formerly known as Hotel Plaza) has posted a 25 per cent year-on-year drop in third quarter net earnings to $10.1 million on the back of a 6 per cent revenue dip to $72.8 million.
For the first nine months, the group’s net profit slid 39 per cent over the same year-ago period to almost $27 million. Revenue fell 12 per cent to $205.1 million.
‘The group expects the business climate to continue to remain challenging,’ it said.
Source : Business Times – 13 Nov 2009
Lush Dream Home 