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Home Markets Equities Company Results

Ikeja Hotel Plc Reports Half Year Loss of N229.4 million.

Chidi Emenike by Chidi Emenike
July 27, 2021
in Company Results, Markets
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Ikeja Hotel Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N3.76 billion (+29.4% YoY)
  • Cost of sales was N2.88 billion.(+5.7% YoY)
  • An operating profit of N250.6million was recorded. (+165.2% YoY)
  • Administrative and general expenses totalled N672.42 million. (-0.8% YoY)
  • Loss after tax for the period was N229.4 million.
  • Loss per share of -11 kobo Vs -38 kobo YoY
  • Total assets for the period stood at N41.86 billion

See link to results.

Tags: Company Financial ResultsIkeja Hotel Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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