Capital Hotels Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 1,806.73 million compared to NGN 1,587.26 million a year ago. Net income was NGN 68.9 million compared to NGN 13.39 million a year ago. Basic earnings per share from continuing operations was NGN 0.0218 compared to NGN 0.0086 a year ago. Diluted earnings per share from continuing operations was NGN 0.0218 compared to NGN 0.0086 a year ago.
For the six months, sales was NGN 2,798 million compared to NGN 2,839.09 million a year ago. Net income was NGN 124.2 million compared to NGN 22.5 million a year ago. Basic earnings per share from continuing operations was NGN 0.03929 compared to NGN 0.0145 a year ago. Diluted earnings per share from continuing operations was NGN 0.03929 compared to NGN 0.0145 a year ago.