Ikeja Hotel Plc 2024 Interim Results For The First Quarter

Ikeja Hotel Plc (IKEJAH.ng) Q12024 Interim Report

By Published On: April 24, 2024TYPE: Interim ReportsYear: 2024Period: Q1Country: NigeriaSector: Tourism

Ikeja Hotel Plc (IKEJAH.ng) listed on the Nigerian Stock Exchange under the Tourism sector has released its 2024 interim results for the first quarter.

For more information about Ikeja Hotel Plc (IKEJAH.ng) reports, abridged reports, interim earnings results and earnings presentations visit the Ikeja Hotel Plc (IKEJAH.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Ikeja Hotel Plc (IKEJAH.ng) in the past 12 months, as of 2nd April 2024, is US$1.44M (NGN1.2B). An average of US$120.15K (NGN100.3M) per month.

Ikeja Hotel Plc 2024 interim results for the first quarter

Company Profile

Ikeja Hotel Plc is a hotel development and management company with direct or indirect ownership of Sheraton Lagos Hotel, Sheraton Abuja Hotel and Federal Palace Hotels & Casino. The company targets the leisure, business and convention markets in Opebi, Ikeja and Lagos. Sheraton Lagos Hotel has 340 guest rooms and an impressive array of conferencing and recreational facilities, making it one of the largest hotels in Nigeria. Sheraton Abuja Hotel has 575 rooms and conference, restaurants and recreational facilities. Sun International’s Federal Palace Hotel & Casino is a luxury 5-star hotel conveniently located in the heart of Victoria Island’s commercial district and boasts luxury accommodation, a casino, conference facilities and an array of restaurants, bars and recreational facilities. Established in 1972 and formerly known as Properties Development Limited, the company changed its name to Ikeja Hotel Limited in 1980. The company’s head office is in Lagos, Nigeria. Ikeja Hotel Plc is listed on the Nigerian Stock Exchange