IKEJA HOTEL Declares N1.1bn PAT in 2019 Unaudited Results,(SP:N1.12k)


Friday, January 31, 2020 / 7:58 PM / NSE / Header Image Credit: GTI Group Blog

Ikeja Hotel Plc released its Q4 2019 results for the period ended December 31st, 2019.

Key Highlights

  • Revenue declined by 4.56% to N12.7bn from N13.3bn in the previous quarter.

  • Profit before tax grew by 13.1% to N1.4bn.

  • Profit after tax declined by 4.62% to N1.1bn.

  • Net Assets also grew by 4.4% to N14.7bn from N14.1bn.

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