IKEJA HOTEL Declares N434.59m PAT in Q3 2019 Results,(SP:N1.07k)

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Friday, October 25, 2019 / 3:10 PM /by NSE / Header Image Credit: dailytimes


Ikeja Hotel Plc released its Unaudited third quarter results for the period ended September 30, 2019.

 

Key Highlights

 Revenue declined by -6.37% to N9.11bn from N9.73bn in the previous quarter.

Profit Before Tax declined by 44.55% to N609.34m.

Profit After Tax declined by 49.86% to N434.59m.

Net Assets also grew by 2.1% to N18.83bn from N18.45bn as at December 31, 2018.

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