In the first nine months of this year, THR Marea Neagra recorded total operating revenues of RON 30.31 million, a 7.08% decrease compared to RON 32.62 million in the same period last year. The net profit recorded during the same period amounted to RON 5.74 million, 124.22% higher than the RON 2.56 million recorded in the same period of 2016.
The company manages 24 hotel units in the resorts of Eforie Nord, Eforie Sud, Neptun, Venus, and Saturn.
SIF Transilvania, the majority shareholder of THR Marea Neagra with a 77.71% stake, intends to sell or lease 10 hotel units currently in the THR Marea Neagra portfolio to another operator.
As of September 30, the company’s total assets amounted to RON 260.89 million. During the analyzed period, total liabilities decreased by 2.52% to RON 24.33 million.
THR Marea Neagra is listed on the Bucharest Stock Exchange where, at the last trading price of its shares of RON 0.0976/share, it has a market capitalization of RON 56.50 million.
Source: Profit
Frequently Asked Questions
What was THR Marea Neagra’s net profit in the first nine months of 2017?
The company recorded a net profit of RON 5.74 million, representing a 124.22% increase compared to the same period in 2016.
How many hotels does THR Marea Neagra manage?
THR Marea Neagra manages 24 hotel units located in the resorts of Eforie Nord, Eforie Sud, Neptun, Venus, and Saturn.
What are SIF Transilvania’s plans for the company’s assets?
SIF Transilvania, the majority shareholder, intends to sell or lease 10 hotel units from the current THR Marea Neagra portfolio.