CAPHOTEL declares N 59.38m profit in Q2 2019 Results,(SP:N3.05k)


Wednesday, August 07, 2019   / 1:56PM / NSE

Capital Hotel Plc released its unaudited results for the period ended 30th of June, 2019.


Key Highlights

Revenue  decline  by 18.9% toN2.32bn from N2.86bnm in the previous year.

Profit Before Tax decline by 75.9% to N77.33m from  N321.37m recorded in the previous year.

Profit After Tax however decline by 73.5% to N59.38m.

Net Assets grew  by 1.2% to N6.40bn from N6.32m as at 31st of December, 2018.

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