Transcorp Hotel in its published first quarter report for the period ended 31 March 2020, reported a loss of N686.5 million.
In the unaudited financial statement, the hospitality firm reported a turnover of N4.18 billion, down by 0.27% when compared to the turnover of N18.31 billion reported in the first quarter of 2019.
The firm declared a loss of of N686.54 million as against the first quarter of 2019 when it reported N436.49 million as profit after tax. The earnings per share (EPS) of Transcorp Hotel for the period under review is negative 9 kobo (-9 kobo).
With reference to the share price of N4.00, the P.E ratio of Transcorp Hotel is calculated as -44.28x with earnings yield of -2.26%.