WorldStage Newsonline– Capital Hotels Plc, owner of Sheraton Abuja Hotels has released its condensed statement of profit or loss and other comprehensive income for the nine months ended 30 September, 2020 with 78.98% drop in turnover to N294.345 million in the last three months from N1.400 billion in Q3 2019.
Turnover for nine months fell to N1.430 billion from 3.717 billion in 2019.
The hotel operated in a loss at N204.784 million from a profit of N168.200 million in Q3 2019 and loss of N256,513 million in nine months from N221.063 million in 2019.
