Ikeja Hotel Plc announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was NGN 1,465.738 million compared to NGN 3,396.910 million a year ago. Operating loss was NGN 138.329 million compared to operating Income of NGN 562.380 million a year ago. Net loss was NGN 509.913 million compared to net income of NGN 145.058 million a year ago. For the full year, sales was NGN 5,068.570 million compared to NGN 12,515.560 million a year ago. Operating loss was NGN 898.756 million compared to operating Income of NGN 1,896.632 million a year ago. Net loss was NGN 1,539.361 million compared to net income of NGN 570.042 million a year ago.