In the first six months of this year, the company Turism, Hoteluri, Restaurante (THR) Marea Neagra recorded total operating revenues of 4.42 million RON, 21.21% below the 5.61 million RON reported in the same period of 2016.
In the same period of this year, total expenses were reduced by 10.31%, to 12.69 million RON, from 14.15 million RON.
Thus, the company reported losses of 8.33 million RON, close to those of the same period last year, of 8.40 million RON.
The company, 63.20% owned by SIF Transilvania, had total assets of 257.44 million RON as of June 30, only 0.88% lower than the 259.72 million RON at the end of last year.
Total debt increased by 40.01%, to 34.96 million RON, from 24.97 million RON.
Source: Profit
Frequently Asked Questions
What was the revenue decline for THR Marea Neagra in H1?
The company’s operating revenue fell by 21.21% compared to the previous year, reaching 4.42 million RON.
Who is the majority shareholder of THR Marea Neagra?
The company is 63.20% owned by SIF Transilvania.
How did the company’s debt change in the first half of the year?
Total debt increased significantly by 40.01%, rising to 34.96 million RON.