Capital Hotels grow assets by 18.9%, declares 5k dividend per share

Capital Hotels Plc, owners of Sheraton Hotel and Towers yesterday announced 18.9 percent increase in its assets for the year 2013 despite the security challenges that impacted negatively on tourism sub-sector of the nation’s economy.

The company also declared 5k dividend per share amounting to N77.44 million for the year under review to the delight of its shareholders.
Goodie Ibru, chairman, Board of Directors who disclosed this at the company’s Annual General Meeting (AGM) noted that the company recorded a turnover of N4.66 billion as against N4.32 billion earned in 2012, showing an increase of 7.9 percent.