All companies in the hotel and tourism group in profit: With the end of the impact of COVID, there has been an increase in earnings. What kind of growth is there?

Kathmandu: Five listed hotel and tourism companies have made their financial statements for the third quarter of the current fiscal year public on the Nepal Stock Exchange. Among them, Taragaon Regency Hotel has the highest capital reserve, amounting to NPR 1.88 billion. Chandragiri and Kalinchowk Darsan have turned into debtors. Solti Hotel has the highest revenue and profit compared to others. It has earned NPR 1.50 billion in revenue and NPR 37.11 million in profit until the current fiscal year.

All the listed companies in this group have been successful in reducing their losses in the third quarter. With the increase in tourist arrivals in the hotel and cable car companies following the easing of the impact of COVID, there has been improvement in profits as well. Taragaon’s earnings per share (EPS) stand at NPR 12.66.

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