Profit

Profits fell due to high interest rate costs: Asian Hotels (West)

PUBLISHED ON: August 11, 2011 | Duration: 8 min, 35 sec

  
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Shushil Gupta, CMD of Asian Hotels (West), says the profits in the first quarter have fallen due to high interest rate costs. He adds that the turnover was flat due to economic slowdown which resulted in flat foreign business travel.
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