Phoenix, AZ, Dec. 28, 2021 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American:IHT) hotel operations continue to perform substantially better Year to Date for the three quarters of Fiscal Year 2022, with Consolidated Net Income of approximately $390,000, which is an increase in excess of $2.7 million compared to the first three quarters of Fiscal Year 2021. Earnings Per Share based on this Consolidated Net Income amount were $0.04, up from prior year loss of ($0.26). Additionally, The First Three Quarters of Fiscal 2022 (February 1, 2021-October 31, 2021), profits far exceed their pre-Covid counterparts of Fiscal Year 2020 and Fiscal Year 2019 by over $1.3 million each year.
IHT HOTEL PROFIT REBOUNDS; CLEAN ENERGY PROTOTYPE ANTICIPATED SOON
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