Oriental Hotel reports 24% decline in net profit till Q2; Annualized EPS at Rs 17.98

Oriental Hotel Limited (OHL) has reported fall in its net profit by 24.32% in the second quarter of the current fiscal year 2076/77.

Publishing the unaudited report for the second quarter report today, the company that runs Hotel Radisson has stated that its net profit after tax has fallen to Rs 10.14 crore in the second quarter compared to net profit of Rs 13.39 crore in the corresponding quarter of the last fiscal year 2075/76.

Oriental Hotels has a share capital of Rs 1.12 arba with reserve and surplus of Rs 1.10 arba in Q2 up from Rs 1.07 arba and Rs 1 arab in the corresponding quarter of last fiscal year respectively.

OHL succeeded to collect a total of Rs 50.79 crore as revenue from sales.

Its annualized earnings per share (EPS) stands at Rs 17.98, net worth per share is at Rs 197.66 and quarter end P/E ratio at 25.25 times.

Second Quarter Report