Advent Hotels Declares Q1 FY27 Unaudited Financial Results

Advent Hotels International Ltd has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 6, 2026. The company also submitted the Limited Review Reports from its statutory auditors. A key point highlighted is the accounting treatment for a scheme of arrangement involving the demerger of hospitality business, which has been accounted for as if it occurred from the company's incorporation date, with restated comparative figures for the prior year's quarter.