Soaltee Hotel registers astounding profit growth of 226.30% to Rs 17.16 crore in Q3; EPS at Rs 3.26

Soaltee Hotels Limited (SHL), a leading five-star hotel of the country, has posted outstanding profit growth of 226.30 percent in the third quarter of the ongoing fiscal year 2073/74. As per the unaudited report published for the third quarter today, the company has stated that its net profit after tax has increased to Rs 17.16 crore in the third quarter compared to Rs 5.26 crore in the corresponding quarter of the last fiscal year 2072/73 Soaltee Hotel has a paid up capital of Rs 52.65 crore in the third quarter of the fiscal year 2073/74. Its reserves and retained earning has slightly increased to Rs 85.04 crore in Q3 compared to Rs 79.62 crore in the same period corresponding quarter. SHL’s revenue has increased to 1.18 arba in the current quarter from Rs 80.05 crore in the previous quarter. Its total profit from operations has risen from Rs 13.57 crore in the corresponding quarter to Rs 32.44 crore in this quarter. Its annualized Earnings per Share (EPS) stands at Rs 3.26 and net worth per share at Rs 26.15.