Soaltee Hotel earns Rs 5.26 crore in Q3; EPS mere Rs1.25

Soaltee Hotels Limited (SHL), a leading five-star hotel group of the country, has reported a 73.15 percent decline in its net profit in the third quarter of the current fiscal year 2072/73. Publishing the unaudited report for the third quarter today, the company has stated that its net profit after tax  has drop to Rs 5.26 crore in the third quarter compared to Rs 19.60 crore in the corresponding quarter of the last fiscal year 2071/72. Its operating profit has also decreased to Rs 14.22 crore from Rs 35.82 crore in the corresponding quarter of the last fiscal year. Soaltee Hotel has a share capital of Rs 42.12 crore in the third quarter of the fiscal year 2072/73. The positive aspect of the report is that its reserve and surplus has risen to Rs 79.62 crore in Q3 compared to Rs 75.07 crore in the same period corresponding quarter. Its total operating income had drop from Rs 1.11 arba in the corresponding quarter to Rs 80.70 crore in the thirs quarter. Its earnings per share (EPS) stand at Rs 1.25, net worth per share is at Rs 28.90 and P/E ratio at 275.40 times..