Soaltee Hotel Limited has demonstrated solid performance in the second quarter of fiscal year 2081/82, showing significant improvements in profitability despite facing market challenges. This growth highlights SHL’s ability to enhance profitability despite market challenges. Below is a detailed breakdown of its performance:
1. Key Financial Highlights
- Net Profit: Increased by 14.65% to Rs. 30.17 crores (up from Rs. 26.31 crores in Q2 of FY 2080/81).
- Total Revenue: Grew by 16.06% to Rs. 1.21 Arba (up from Rs. 1.05 Arba in the previous year).
- Total Expenses: Stood at Rs. 84.88 crores.
- Finance Expenses: Declined sharply by 25.32% to Rs. 2.66 lakhs, reflecting improved debt management.
2. Financial Position
- Investment Portfolio: Valued at Rs. 28.12 crores.
- Reserve and Surplus: Increased by 0.37% to Rs. 1.49 Arba.
- Paid-up Capital: Remained unchanged at Rs. 92.89 crores.
3. Shareholder Metrics
- Earnings Per Share (EPS): Annualized EPS stood at Rs. 64.96, reflecting the company’s profitability.
- Net Worth Per Share: Rs. 260.42, indicating the value of each share based on the company’s net assets.
Comparison of Key Financial Highlights for Q2 of FY 2081/82 and the Previous Fiscal Year
Conclusion
Soaltee Hotel Limited (SHL) has delivered a strong financial performance in the second quarter of FY 2081/82, with a 14.65% increase in net profit and significant growth in total revenue. Despite rising expenses, the company’s ability to reduce finance costs and maintain a strong financial position highlights its operational efficiency. With EPS of Rs. 64.96 and net worth per share of Rs. 260.42, SHL continues to demonstrate its resilience and growth potential in the hospitality sector. Investors and stakeholders can remain optimistic about the company’s future prospects.