Soaltee Hotel Limited Reports Incline in Total Revenue By 202.16% in Q4; Hotel Bounce Back from COVID-19
Sun, Aug 21, 2022 12:40 PM on Latest, Financial Analysis, Stock Market,
Soaltee Hotel Limited (SHL) has posted a net profit of Rs. 30.16 crores in Q4 of FY 2078/2079 compared to a net loss of Rs. 22.4 crores in the corresponding quarter of the previous year.
The company’s total revenue increased by a huge margin of 202.16% as the effects of covid-19 started declining. Last year, at this period when the second phase of covid-19 lockdown was running, Soaltee hotel made total revenue of Rs. 45.3 Crores. The company reported total revenue of Rs 1.37 Arba for this period.
The company’s Reserve and surplus increased by 51.15% from Rs. 58.9 crores to Rs. 89.1 crores in Q4, 2078/2079. The paid-up capital of the company stood at Rs. 84.25 crores.
The net worth per share of the company stood at Rs. 205.78 and the EPS stood at Rs. 3.58 in this quarter.
| Particulars (Rs in 000) | Soaltee Hotel Limited | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Paid Up Capital | 842,580 | 842,580 | 0.00% |
| Retained Earnings and Reserves | 891,295 | 589,664 | 51.15% |
| Property, Plant and Equipment | 1,576,216 | 1,433,176 | 9.98% |
| Investment Property | 89,177 | 91,156 | -2.17% |
| Investments | 290,852 | 283,895 | 2.45% |
| Trade and Other Receivables | 251,243 | 208,955 | 20.24% |
| Cash and Cash Equivalents | 33,427 | 28,691 | 16.51% |
| Inventories | 84,944 | 74,132 | 14.59% |
| Total Revenue | 1,371,596 | 453,927 | 202.16% |
| Total Expenses | 1,052,020 | 626,419 | 67.94% |
| Net Profit | 301,631 | (224,933) | |
| Annualized EPS (In Rs.) | 3.58 | -26.70 | |
| Net Worth per Share (In Rs.) | 20.58 | 169.98 | 21.06% |
| Qtr End P/E Ratio | 56.57 | - | 0.00% |
| Qtr End Price | 202.5 | - | 0.00% |
