Soaltee Hotel Posts 14.65% Increase in Net Profit with 16.06% Revenue Growth in Q2 2081/82

Soaltee Hotel Limited (SHL) has posted a net profit of Rs. 30.17 crores in the second quarter (Q2) of the fiscal year 2081/82, marking a 14.65% increase from Rs. 26.31 crores in the same period of the previous year.

The company’s total revenue saw a significant rise of 16.06%, reaching Rs. 1.21 Arba in Q2 2081/82, compared to Rs. 1.05 Arba in the corresponding quarter of the previous fiscal year. Meanwhile, total expenses for the quarter stood at Rs. 84.88 crores. Finance expenses recorded a sharp decline of 25.32%, amounting to Rs. 2.66 lakhs.

Soaltee Hotel Limited’s investment portfolio stands at Rs. 28.12 crores. The company’s reserve and surplus increased by 0.37%, reaching Rs. 1.49 Arba. The paid-up capital remained unchanged at Rs. 92.89 crores.

The net worth per share of the company was recorded at Rs. 260.42, while the annualized earnings per share (EPS) stood at Rs. 64.96 for the quarter.

Report:

Particulars (Rs in 000) Soaltee Hotel Limited
Q2 2081/82 Q2 2080/81  Difference
Paid Up Capital          928,954         884,715 5.00%
Reserves & Surplus      1,490,267     1,484,814 0.37%
Property, Plant and Equipment      2,319,177     1,955,378 18.61%
Investment          281,276         275,488 2.10%
Revenue from Operation      1,219,576     1,050,823 16.06%
Total Expenses          848,844         732,859 15.83%
Finance Cost                  266                 356 -25.32%
Net Profit          301,742         263,117 14.68%
Annualized EPS (In Rs.) 64.96 59.48 9.22%
Net Worth per Share (In Rs.) 260.42 267.83 -2.76%
Qtr End P/E Ratio 7.39   -   
Qte End Price 480.3 -