Earnings of Peninsula Chittagong, a posh hotel in the port city that is listed on the bourses, more than doubled in the October-December quarter of the current financial year of 2021-22.
Its earnings per share rose 120 per cent year-on-year to Tk 0.33 during the period, according to data posted on the website of the Dhaka Stock Exchange (DSE).
The hotel’s half-yearly (July to December) earnings per share went up to Tk 0.64, which was Tk 0.42 in the same period of the previous year.
The EPS has increased due to a rise in net profit, net operating income and a decrease in tax rate compared to that in the previous year, the hotel said.
Its paid-up capital is now Tk 118 crore, according to the DSE data.
Sponsors hold 49.95 per cent stake in the hotel, while institutions hold 10.67 per cent and general investors the rest.
-With The Daily Star input
