Today's Inspiration: Shangri-La successfully maintains revenue growth while implementing a disciplined approach to capital allocation
- EDITOR
- Mar 28
- 2 min read
Yesterday, Shangri-La reported its annual results (read more here). Looking ahead, the group remains committed to strategic growth without stretching its balance sheet, while maintaining its focus on strong cash generation and prudent debt management. And the group's leadership team brings a wealth of diverse experience and expertise to drive the Group’s global expansion and to lead it in its transformation for the future.
Ms. Kuok Hui Kwong was appointed Chairman and Executive Director of Shangri-La Asia Limited in January 2017.
She joined Shangri-La Asia Limited’s Board of Directors in 2014 and served as Deputy Chairman in 2016. She is also a director of China World Trade Center Company Limited, Kerry Group Limited and Kerry Holdings Limited.
Prior to joining Shangri-La, Ms. Kuok served as Managing Director and Chief Executive Officer of South China Morning Post Group Limited. She was also a director of The Post Publishing Public Company Limited.
Ms. Kuok is currently the Governor of the Kerry Group Kuok Foundation, a non-profit charitable organisation established in 2007, whose mission is to inspire and transform the lives of the underprivileged across Mainland China and Hong Kong in four strategic areas: Health, Education, Enterprise and Environment.
Ms. Kuok holds a Bachelor of Arts degree in East Asian Studies from Harvard University.
Commenting on the results, Shangri-La Group’s Chief Financial Officer, Chua Chee Wui, said, “We've successfully maintained revenue growth while implementing a disciplined approach to capital allocation. By diversifying our funding sources, including tapping into lower cost RMB onshore and offshore CNH loans, and accessing the China onshore capital market with panda bonds for the first time, we've effectively managed our interest costs despite the challenging rate environment. Looking ahead, we remain committed to strategic growth without stretching our balance sheet, while maintaining our focus on strong cash generation and prudent debt management.”
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