City Hotel Limited Revenue Declines

City Hotel Limited Revenue Declines

City Hotel Limited has reported a net loss of NPR 104.9 million for the second quarter of the fiscal year 2081/82.
This is an improvement compared to the same period last year when the company recorded a loss of NPR 117.9 million, indicating a slight recovery.

Net Loss

• This Year: NPR 104.9 million

• Last Year: NPR 117.9 million

• Loss has decreased, signaling improvement

Reduction in Financial Expenses

• Last Year: NPR 174.8 million

• This Year: NPR 142.8 million

• NPR 32 million reduction

Decline in Operating Revenue

• This Year: NPR 235.7 million

• Last Year: NPR 243 million

• NPR 7.3 million decrease

Total Revenue Dropped

• This Year: NPR 257.1 million

• Last Year: NPR 278.5 million

• Paid-up Capital: NPR 1.67 billion

• Other Equity: NPR -267.1 million (Negative)

Earnings Per Share (EPS)

• NPR -6.27 (Negative)

Net Worth Per Share

• NPR 84.20

While City Hotel Limited has managed to reduce its losses, the declining revenue is a concern.
If the company does not implement strategies to increase its operating revenue, the losses could grow again in the future.