Annual Report 2021

Spectacular Dining, Sensational Ambience Food and Beverage Business The Group’s food and beverage business recorded revenue of HK$133 million, up by 11.0%, compared with last year; EBITDA recorded loss of HK$10.8 million for the year, which loss was reduced as compared with last year. 017 Miramar Hotel and Investment Company, Limited Annual Report 2021 Management Discussion and Analysis