• BIZ BRIEFS

LALITPUR: The 26th annual general meeting (AGM) of Oriental Hotels was held here under the chairmanship of Subhadra Shrestha, president of the company, as per a media release.

In the financial year 2022-23, the total income of the hotel was Rs 1.21 billion and the total operating expenses were Rs 794.80 million, on which Rs 416.30 million was operating profit and after deducting all the expenses, the net profit was Rs 160.90 million while the loss was Rs 24.60 million in the previous year.

It was decided to give cash bonus of 5.27 per cent (including tax) in this fiscal year.

A version of this article appears in the print on October 13, 2023, of The Himalayan Times