Soaltee Hotel reports negative earnings in Q3; Look at the major highlights
Mon, May 17, 2021 6:14 AM on Latest, Financial Analysis,
Soaltee Hotel Limited has posted a net loss of Rs. 13.66 crores in Q3 of FY 2077/2078 compared to a net profit of Rs. 14.05 crores in the corresponding quarter of the previous year.
The company’s total revenue shrunk by 74% due to lower inflow of the tourist and fewer events due to the fear of Covid-19.
The company’s Reserve and surplus decreased by 30% from Rs. 95.30 crores to Rs. 67.05 crores in Q3, 2077/2078. The paid-up capital of the company stood at Rs. 84.25 crores.
The net worth per share of the company stood at Rs. 17.96 in this quarter.
Financial Highlights:
|
Particulars |
Soaltee Hotel Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
842,579.73 |
732,675.37 |
15% |
|
Reserve and Surplus |
670,567.23 |
953,011.22 |
-30% |
|
Property, Plant, and Equipment |
1,371,360.47 |
1,413,613.43 |
-3% |
|
Loans and Borrowings |
81,127.57 |
4,207.62 |
1828% |
|
Revenue from Operations |
308,747.50 |
1,166,871.61 |
-74% |
|
Administrative Expenses |
58,085.89 |
173,382.77 |
-66% |
|
Employee Benefit Expenses |
141,422.507 |
393,556.396 |
-64% |
|
Net Profit |
-136,638.56 |
140,547.70 |
- |
|
Earnings per share (Rs.) |
-2.16 |
2.56 |
- |
|
Net worth per share (Rs.) |
17.96 |
23.01 |
- |
|
P/E ratio (times) |
- |
- |
- |
