Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, showcasing a remarkable surge in Net Profit by 476.52% compared to the corresponding quarter of the previous fiscal year. The company has achieved an impressive Net Profit of Rs. 23.88 crores.
TRH, the operator of Hyatt Regency Hotel, has also experienced growth in investments, increasing them by 27% and reaching a total investment value of Rs. 1.32 Arba.
Furthermore, the company has witnessed a significant increase in revenue from its operations, with a rise of 116.64% to Rs. 90.61 crores in the third quarter of the current fiscal year, contributing to its overall profitability.
With a paid-up capital of Rs. 1.88 Arba, TRH has added 82.79% to its reserves, amounting to Rs. 51.39 crores, indicating a favorable financial position for the company.
TRH maintains an impressive Earning per Share (EPS) of Rs. 16.88, surpassing the previous EPS of Rs. 2.93.
Similarly, Taragaon Regency Hotel boasts a Net Worth per Share of Rs. 127.24 and a Price per Earning (P/E) Ratio of 27.55 times.
Meanwhile, the closing price of the company’s shares stood at Rs. 465 at the end of the third quarter of the current fiscal year.
