CAPHOTEL declares N402m PAT in 2019 Audited Results, Proposes N0.05K Final Dividend(SP:N2.75k)

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Wednesday, March 25, 2020 / 7:44 PM  / By NSE / Header Image Credit: Capital Hotel


Capital Hotels Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Revenue declined by -13.2% to N5.2bn from N6bn in the previous quarter.

  • Profit before tax grew by 27.3% to N646m.

  • Profit after tax grew by 5.7% to N402m.

  • Net Assets also grew by 5% to N6.7bn from N6.4bn.

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