Profits of six listed hotels rises by 79.26 percent in FY 2024/25
Summary
Six hotels listed on the Nepal Stock Exchange saw a 79.26% increase in cumulative net profits in FY 2024/25, reaching Rs 1.25 billion, driven primarily by Soaltee Hotel and Taragaon Regency Hotels.
Key Points
- Cumulative net profits of six NEPSE-listed hotels increased by 79.26% to Rs 1.25 billion in FY 2024/25.
- Soaltee Hotel led profits with Rs 670.70 million, followed by Taragaon Regency Hotels and Chandragiri Hills.
- City Hotels reported a loss of Rs 198.90 million during the fiscal year.
- Total revenue of these hotels declined marginally by 0.09%, amounting to Rs 6.96 billion.
