Final Results for the year ended 31 October 2023
21 February 2024 HYDRO HOTEL, EASTBOURNE, PLC (“Hydro Hotel” or the “Company”) FINAL RESULTS FOR THE YEAR ENDED 31 OCTOBER 2023 HIGHLIGHTS The profit for the financial year after taxation was GBP235,945 (2022 profit of GBP336,700). Turnover from the Hydro Hotel operation increased during the year by 0.7% (2022 increased by 57.7%). Earnings per share were 39.32p compared to 56.12p for the previous year. The Company’s operating activities generated cash of GBP485,680 (2022 generated cash of GBP597,959) and it invested GBP273,488 in new fixed assets (2022 GBP149,666). During