Soaltee Hotel Increases Net Profit by 97%

Feb 10, 2019 Merolagani

Soaltee Hotel (SHL) has earned a net profit of Rs 151.6 million in the second quarter of the current FY. The net profit increased by 97.07 percent compared to Rs 76.9 million of the corresponding period of the last FY.

During the period, the hotel earned Rs 880.5 million through business. Such earning was Rs 686.3 million in the last FY. Similarly, the hotel earned Rs 192.8 million from operation.

The hotel with Rs 666 million in share capital has a reserve fund of Rs 923.5 million. The hotel has EPS of Rs 4.55, net worth per share of 23.87 and P/E ratio of 90.04 times.

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