Oriental Hotels reports decline in Q1 indicator; Net profit at Rs 1.31 crore

Fri, Nov 15, 2019 12:32 PM on Financial Analysis, Latest, Stock Market,

Oriental Hotel Limited (OHL) has reported fall in its net profit by 67.53% in the first quarter of the current fiscal year 2076/77.

Publishing the unaudited report for the first quarter report today, the company that runs Hotel Radisson has stated that its net profit after tax has fallen to Rs 1.31 crore in the first quarter compared to net profit of Rs 4.04 crore in the corresponding quarter of the last fiscal year 2075/76.

Oriental Hotels has a share capital of Rs 1.07 arba with reserve and surplus of Rs 1.20 arba in Q1 from Rs 93.42 crore and Rs 1.15 arab in the corresponding quarter of last fiscal year respectively.

OHL succeeded to collect a total of Rs 19.28 crore as revenue from sales.

Its earnings per share (EPS) stands at Rs 4.88, net worth per share is at Rs 211.91 and P/E ratio at 420.02 times.

First Quarter Report