Turism, Hoteluri, Restaurante Marea Neagra, which operates 24 hotel units in the resorts of Eforie Nord, Eforie Sud, Neptun, Venus, and Saturn, recorded total operating revenues of 48.4 million RON last year, compared to 38.98 million RON.
At the same time, total operating expenses rose by 36.80%, to 50.41 million RON, from 36.85 million RON.
The operating result was 13.05 million RON, more than 6 times higher than the 2.13 million RON from the previous financial year.
Net profit increased by 483.85%, to 9.40 million RON, from 1.61 million RON, but it is lower than the net gain of 12.16 million RON recorded at 9 months.
As of December 31, 2018, the total assets of THR Marea Neagra amounted to 266.84 million RON, up 4.08% compared to 256.38 million RON at the end of 2017.
In the same reporting period, total debts increased by 59.53%, to 8.12 million RON, from 5.09 million RON.
Source: Profit
Frequently Asked Questions
What were the total operating revenues for THR Marea Neagra in 2018?
The company recorded total operating revenues of 48.4 million RON, an increase from 38.98 million RON in 2017.
How much did the net profit grow compared to the previous year?
Net profit surged by 483.85%, reaching 9.40 million RON compared to 1.61 million RON in 2017.
How many hotel units does THR Marea Neagra operate?
THR Marea Neagra operates a portfolio of 24 hotel units located in the Black Sea resorts of Eforie Nord, Eforie Sud, Neptun, Venus, and Saturn.