Innsuites Hospitality Trust (IHT), Company and Other News, first quarter 2018 earnings report

Loss on Weak Sales

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Innsuites Hospitality Trust announced first quarter 2018 operating loss of $-0.11628 millions

For the first quarter 2018 Innsuites Hospitality Trust losses widen of $-0.03 per share compare to $-0.02 a year ago and improved from $-0.37 per share from the previous quarter.

Sales declined in double digits by -16.3 % to $3 millions from $4 millions in the same quarter a year ago and sequentially Sales doubled by 133.19 % from $1 millions.

For the first quarter 2018 Innsuites Hospitality Trust logged net loss of $-0 million, instead of break-even in the same quarter a year before.

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Loss on Weak Sales

Innsuites Hospitality Trust announced first quarter 2018 operating loss of $-0.11628 millions

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