Soaltee Hotel reports a profit of Rs 5.81 crore; EPS at Rs 3.48

Soaltee Hotel Limited has published its unaudited first quarter report of the FY 2075/76 today. It has reported increase in the net profit to Rs 5.81 crore in Q1 of FY 2075/76 from Rs 37.80 lakhs in the same qyarter of pervious year.

It earned a revenue of Rs 36.78 crore. Its current paid up capital stands at Rs 66.61 crore and Rs 83.00 crore in the reserves and retained earnings.

Soaltee Hotels Limited (SHL) has proposed 26.31% dividend for its shareholders. The company has proposed 16.31% cash dividend worth Rs 10.86 crore and 10% bonus share worth Rs 6.66 crore for the FY 2074/75.

For the purpose of the dividend, the shareholders register book will remain closed from Magsir 26 till Poush 26, 2075 i.e. the shareholders holding the shares till Mansgir 25 will be able to receive the dividend from the company.

The dividend will be distributed to the eligible shareholders after the approval from AGM of the company.

After the adjustment of the bonus shares, the paid-up capital of the hotel will reach Rs 73.26 crore.

SHL’s earning per share (EPS) stands at Rs 3.48 per share and Net worth per share stands at Rs 22.46. SHL’s par value per share is Rs 10. Thus, every investor must be knowledgeable about the par value of this company as other company generally have par value of Rs 100, one must not be confused with this point.