The hotel company Turism Felix recorded a 56.74% decrease in total revenues, down to 14.37 million RON, from 33.22 million RON in 2019.
The company reports a loss of 8.95 million RON, compared to the negative result of approximately 369,000 RON in H1 2019.
Last year, the company achieved a net profit of 14.21 million RON, from which the company was able to approve the distribution of dividends totaling 5.01 million RON for September 30.
The majority shareholder of Turism Felix is SIF Transilvania, with a 63.20% stake, followed by SIF Oltenia with 28.97%.
Turism Felix operates 5 hotels in Băile Felix, namely International (4 stars), Termal (3 stars), Nufărul (3 stars), Poienița (3 stars), and Mureș (2 stars).
Frequently Asked Questions
What was the revenue decline for Turism Felix?Turism Felix recorded a 56.74% decrease in total revenues, falling to 14.37 million RON from 33.22 million RON in the previous year.
Who is the majority shareholder of the company?The majority shareholder is SIF Transilvania, holding a 63.20% stake, followed by SIF Oltenia with 28.97%.
Which hotels are operated by Turism Felix?The company operates five hotels in Băile Felix: International (4 stars), Termal (3 stars), Nufărul (3 stars), Poienița (3 stars), and Mureș (2 stars).