Soaltee Hotel Limited Reports Huge Incline in Total Revenue By 234.15% in Q1
Tue, Nov 15, 2022 1:29 PM on Latest, Financial Analysis, Stock Market,
Soaltee Hotel Limited (SHL) has posted a net profit of Rs. 11.20 crores in Q1 of FY 2079/2080 compared to a net loss of Rs. 2.11 crores in the corresponding quarter of the previous year.
The company’s total revenue increased by a huge margin of 234.15% as the effects of covid-19 started has declined and hotels are running smoothly. Last year, at this period Soaltee hotel made total revenue of Rs. 12.36 Crores. The company reported total revenue of Rs 41.32 Arba for this period.
The company’s Reserve and surplus increased by 75.68% from Rs. 56.84 crores to Rs. 99.87 crores in Q1, 2079/2080. The paid-up capital of the company stood at Rs. 84.25 crores.
The net worth per share of the company stood at Rs. 218.53 and the EPS stood at Rs. 53.17 in this quarter.
* The par value of the company is Rs. 10 and 7.32 Crores units of SHL is listed in Nepal Stock Exchange.
| Particulars (Rs in 000) | Soaltee Hotel Limited | ||
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 842,580 | 842,571 | 0.00% |
| Other Equity (Retained Earnings) | 998,751 | 568,498 | 75.68% |
| Property, Plant and Equipment | 1,637,606 | 1,436,553 | 14.00% |
| Investment Property | 88,765 | 90,744 | -2.18% |
| Cash and Cash Equivalents | 39,298 | 7,570 | 419.13% |
| Inventories | 107,052 | 71,464 | 49.80% |
| Total Revenue | 413,273 | 123,679 | 234.15% |
| Total Expenses | 286,380 | 143,839 | 99.10% |
| Net Profit | 112,006 | (21,166) | |
| Annualized EPS (In Rs.) | 1.33 | -0.25 | |
| Net Worth per Share (In Rs.) | 21.85 | 16.75 | 30.49% |
| Qtr End P/E Ratio | 152.71 | - | 0.00% |
| Qte End Price | 203 | - | 0.00% |
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