Taragaon Regency Hotels Increases Net Profit by 100%

Aug 18, 2023 09:30 AM Merolagani



Taragaon Regency Hotels have earned net profit of Rs 382.6 million in the last FY. The net profit increased by 100.80 percent compared to Rs 190.5 million of the corresponding period of the previous FY.

Increase in operating income helped to boost its net profit.

In the review period, the company raised its operating profit by 99.71 percent to Rs 1.38 billion. Similarly, its other income increased by 19.72 percent to Rs 187 million while its total income increased by 84.98 percent to Rs 1.57 billion.

Increase in net profit also increased its EPS. Its EPS increased by Rs 10.18 to Rs 20.28 during the period. It maintained net worth per share of Rs 134.86 and P/E ratio of 38.97 times.

The company with Rs 1.88 billion in paid-up capital has reserve fund of Rs 657.7 million.




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