Rise in core business activities leads to 97% rise in net profit of Soaltee Hotel in Q2
Sun, Feb 10, 2019 9:15 AM on Financial Analysis, Latest, Stock Market,
Soaltee Hotel Limited (SHL) has published its unaudited second quarter report of the FY 2075/76. It has reported increase in the net profit by 97.07% to Rs 15.16 crore in Q2 from Rs 7.69 crore in the same quarter of pervious year.
It earned revenue of Rs 88.05 crore till Q2 and its total expenses are Rs 68.87 crore. Its current paid up capital stands at Rs 66.60 crore and Rs 92.35 crore in the reserves and retained earnings.
SHL’s annualized earning per share (EPS) stands at Rs 4.55 per share and Net worth per share stands at Rs 23.87. SHL’s par value per share is Rs 10.
SHL’s price is traded at PE of 45.05 times and debt to equity ratio stands at 0.01.
Soaltee Hotels Limited (SHL) has proposed 26.31% dividend for its shareholders including 16.31% cash dividend worth Rs 10.86 crore and 10% bonus share worth Rs 6.66 crore for the FY 2074/75. After the adjustment of the bonus shares, the paid-up capital of the hotel has reached Rs 73.26 crore and its EPS decreases with the adjustement of increased capital.
The company has already conducted its FY 2074/75 AGM on 10th Jan, 2019.
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