Sea Pearl Beach Resort & Spa Ltd.
DDSE:SEAPEARL34.00
BDT
+0.10
(+0.29%)
ISIN
BD0004SPBRS1
Return %
Stock
S&P 500
1Y
-2.86
14.20
3Y
-83.70
81.12
5Y
-21.66
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Safiqul Islam
- Full Time Employees
- 440
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Dhaka Bangladesh
- IPO Date
- Jul 16, 2019
- Website
- seapearl.com.bd
- Similar Companies
- Business
- Sea Pearl Beach Resort & Spa Ltd. is a Bangladesh-based hospitality and leisure company engaged in owning, operating, and managing five-star luxury resorts, leisure attractions, and eco-tourism cruise services. Founded in 2009 and headquartered in Dhaka, Bangladesh, the company operates its flagship property, the Royal Tulip Sea Pearl Beach Resort & Spa, located on a 15-acre beachfront site at Inani Beach in Cox's Bazar under an international franchise agreement with GT Investments B.V. The company serves domestic and international leisure travelers, corporate clients, and event organizers through multiple hospitality segments: Accommodation Services, comprising 493 guest rooms, luxury suites, and villas equipped with modern amenities and ocean views; Food and Beverage Services, including nine multi-cuisine restaurants, specialty dining outlets, poolside cafes, and bars; Event and Conference Facilities, featuring grand ballrooms, meeting rooms, and conference halls equipped for corporate conventions, banquets, and destination weddings; Leisure, Wellness, and Entertainment Facilities, encompassing an international-standard water park, two outdoor swimming pools, a private beach zone, a full-service health club and spa, tennis courts, badminton courts, and game rooms; Eco-Tourism and Cruise Operations, offering guided luxury river cruise packages through its Sea Pearl Cruises fleet operating along the Khulna-Sundarbans route; and Utility Support Infrastructure, including captive power plants and an on-site seawater desalination facility. In recent strategic developments, Sea Pearl Beach Resort & Spa Ltd. executed corporate restructuring and business expansion initiatives, including acquiring a 30 percent equity stake in its sponsor affiliate Shamim Enterprise (Pvt.) Ltd. to broaden its commercial scope and operational synergies. The company also completed a major shareholder realignment involving the transfer of a 40.40 percent sponsor equity stake to Sea Pearl Sundarban Eco Resort Ltd. to facilitate integrated hospitality developments. Additionally, the company expanded its high-margin revenue streams by scaling operations of its dedicated cruise liner fleet in the Sundarbans mangrove region, enhancing its Cox's Bazar water park attractions, and actively restructuring its Tk 325 crore secured convertible bond obligations with key institutional investors to strengthen capital efficiency and long-term financial stability.