Net Profit of Soaltee Hotel Increases By 126%

Aug 15, 2017 Merolagani

 Soaltee Hotel (SHL) has earned Rs 182.9 million net profit in the last FY. The net profit of the hotel increased by 126 percent compared to the previous FY.  In the previous FY, the company earned Rs 80.8 million net profit.

In the last FY, the hotel earned Rs 1.57 billion income.  During the year, the income of the company increased due to the impressive flow of tourists in Nepal. In the previous FY, the tourist flow was contracted due to the devastating earthquake.

Soaltee Hotel has paid-up capital of Rs 579.1 million and a reserve fund of Rs 809 million.

The hotel has maintained EPS of Rs 3.16 on a face value of Rs 10 per unit of share. Net worth per share of the company stands at Rs 23.97.

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