Operating Income of Taragaun Regency Hotel Exceeds 1Bn

May 09, 2024 10:33 AM Merolagani

Taragaun Regency Hotels (TRH) has published third quarter financial report of the current FY.

As per the report, its operating income has exceeded Rs 1 billion in the review period.

During the period, it earned Rs 1.009 billion through operations. The operating income increased by 11.42 percent compared to Rs 906.1 million of the corresponding period of the last FY.

Increase in income can be attributed to the increase in net profit.

In the review period, the company earned net profit of Rs 333.2 million which is 39.54 percent growth compared to Rs 238.8 million of the last FY.

During the period, its other income increased by 19.12 percent and total income by 12.25 percent.

The hotel logged EPS of Rs 22.65, net worth per share of Rs 137.19 and P/E ratio of 35.03 times.

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