Trans Asia Hotels records PBT of Rs. 664 m

Trans Asia Hotels PLC recorded recurring Profit Before Tax (PBT) of Rs.664 million for the financial year 2014/15, a decrease of 24% over the recurring PBT of Rs. 872 million recorded in the previous year. 

The recurring profit attributable to equity holders of Rs. 585 million represented a decline of 21% in comparison to the Rs. 743 million recorded in the previous financial year. 

Revenue for the financial year 2014/15 was Rs. 2.79 billion, this being a decrease of 5% over the Rs. 2.94 billion recorded in the previous financial year.