Ikeja Hotel Plc has released its unaudited group financial statement for the third quarter ended 30th of September, 2021.
- Revenue during the period was N2.84 billion. (+306.76% YoY)
- Cost of Sales for the period was N2.08 billion. (+159.40% YoY)
- Gross Profit for the period was N752.69 million
- Sale and Distribution expenses during the period was N68.01 million. (+649.54% YoY)
- Administrative and General expenses of N310.43 million was recorded.
- Operating Profit for the period was reported as N370.43 million.
- Profit after tax during the period was N34.15 million.
- Total assets during the period stood at N42.35 billion. (+795 mn YtD)
- Earnings per share of 2 kobo Vs loss of 30 kobo.
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