Capital Hotel reports a loss of N98.91 million in half year 2021.

Capital Hotel Plc released its unaudited financial results for the six months period ended 30th of June, 2021.

• Turnover for the period was N1.33 billion. (+16.7% YoY)
• Cost of sales was N1.28 billion. (+1.7% YoY)
• An operating loss of N109.2 million was incurred.
• Administrative and general expenses totalled N225.1 million. (-9.3% YoY)
• Loss for the period was N98.91 million.
• Loss per share of -6.39 kobo Vs 3.34 kobo YoY.
• Total assets for the period stood at N17.71 billion

See link to results.