Capital Hotel PAT dip by 8.1% in Q3 2012

Capital Hotel logoBy InvestAdvocate

Lagos (INVESTADVOCATE)-Capital Hotel Plc operating in the Hotel and Tourism  Sector of the Nigerian Stock Exchange Tuesday posted a decline of 8.1 percent (8.1%) Profit Ater Tax (PAT) in it’s Quarter Report (Q3) for the Period Ended September 30 2012.

This is contained in the Unaudited Nine Months Results of the Company released to the Nigerian Stock Exchange (NSE) in Lagos Nigeria and made available to www.investadvocateng.com.

The Company’s Post-Tax-Profit declined for the period declined from N538.278 million in the Q3 of year 2011 compared to N494.673 million recorded in the Q3 of 2012; indicating a decline in PAT of 8.1% in the review period.

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