Ikeja Hotel Plc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NGN 2,056.96 million compared to NGN 3,320.71 million a year ago. Net income was NGN 17.8 million compared to NGN 102.34 million a year ago.

Basic earnings per share from continuing operations was NGN 0.0075 compared to NGN 0.0375 a year ago.