Casa Bucovina Club de Munte: 13% Revenue Decrease in Q1

In the first quarter of this year, the company Casa Bucovina Club de Munte, which operates the Best Western hotel in Gura Humorului, recorded a 13% decrease in revenue and losses one-third higher than in the same period last year.
Casa Bucovina Club de Munte achieved a turnover of approximately 894,000 RON in the first three months of 2017, 13.54% lower than the 1.03 million RON in Q1 2016.
At the net level, the loss was approximately 747,000 RON, 37.31% higher than the approximately 747,000 RON [sic].
As of March 31, the company’s total assets amounted to 37.05 million RON, 2.37% lower than the 37.95 million RON recorded in the accounts at the end of the first quarter of last year.
In the same reporting interval, total liabilities decreased by 5.86%, to 2.57 million RON, from 2.73 million RON.

Source: Profit

Frequently Asked Questions

What was Casa Bucovina’s turnover in Q1 2017?

The company recorded a turnover of approximately 894,000 RON, a 13.54% decrease compared to the same period last year.

Which hotel does Casa Bucovina Club de Munte manage?

Casa Bucovina Club de Munte operates the Best Western hotel located in Gura Humorului.

How did the company’s total assets change?

As of March 31, 2017, total assets amounted to 37.05 million RON, a 2.37% decrease compared to the end of Q1 2016.