humanize this Dolphin Hotel PLC closed its operations temporarily for refurbishment until September 2021, with the goal of enhancing the property's value proposition. After reopening in January 2022, the company achieved significant revenues and a positive gross operating profit (GOP) for the initial months. However, due to higher operational expenses, the company reported a negative EBIT (Earnings Before Interest and Taxes) for the year.

The negative net profit ratio and ROE indicate that the company incurred losses during this period. The ROCE also reflects inefficient capital utilization, resulting in a negative value. Despite the losses, the company took steps to raise capital through a Rights Issue in September 2022, which injected significant capital into the business. The company's Sales and Marketing team is actively engaged in business generation, which may contribute to improved performance in the future.