Capital Hotel Plc reports loss of N241.9 million in FY 2020.

Capital Hotel Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N1.95 billion. (-62.5% YoY)
  • Cost of sales was N2.31 billion. (-44.5% YoY)
  • Administrative expenses totaled N558.5 million. (-20.5% YoY)
  • An operating loss of N488.8 million was incurred.
  • Loss after tax was N241.9 million.
  • Loss per share was 16 kobo.
  • No dividend announcement was made.

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