Ikeja Hotel Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 2,111.84 million compared to NGN 2,835.79 million a year ago. Net loss was NGN 387.73 million compared to net income of NGN 112.16 million a year ago.
For the nine months, sales was NGN 6,165.08 million compared to NGN 6,595.3 million a year ago. Net loss was NGN 246.54 million compared to NGN 48.33 million a year ago. Basic loss per share from continuing operations was NGN 0.09.