Capital Hotels Plc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NGN 991.27 million compared to NGN 1,251.83 million a year ago. Net income was NGN 55.3 million compared to NGN 9.11 million a year ago.

Basic earnings per share from continuing operations was NGN 0.0175 compared to NGN 0.0059 a year ago. Diluted earnings per share from continuing operations was NGN 0.0175 compared to NGN 0.0059 a year ago.