Profits of six listed hotels rises by 79.26 percent in FY 2024/25
Summary
Six hotels listed on the Nepal Stock Exchange reported a 79.26% increase in cumulative net profits in FY 2024/25, totaling Rs 1.25 billion, despite a slight decline in total revenue.
Key Points
- Six hotels listed on NEPSE saw a 79.26% increase in net profits in FY 2024/25.
- The cumulative net profit rose to Rs 1.25 billion from Rs 700 million in the previous fiscal year.
- Soaltee Hotel earned the highest profit among them with Rs 670.70 million.
- The hotels and tourism group was the only sector to post a market value gain of 1.23% despite a 0.09% decline in total revenue.
