THR Marea Neagra: profit down 25% in 2021<\/p>\n
Turism, Hoteluri, Restaurante Marea Neagra recorded a preliminary net profit of RON 3.43 million last year, 25% below the previous year, as the growth in operating expenses exceeded that of revenues, according to the financial statements published on the Bucharest Stock Exchange (BVB) website.<\/p>\n
Accommodation revenues were RON 25.33 million, more than double those of 2020, while public catering revenues amounted to RON 12.26 million, 105% higher than the previous year. Overall, THR Marea Neagra’s preliminary operating revenues for last year amounted to RON 49.95 million, 18% above the previous year\u2014a dynamic that occurred given that in 2020, a significant part of tourism activity was blocked due to measures imposed by authorities to limit the spread of the Covid-19 pandemic.<\/p>\n
On the other hand, operating expenses amounted to RON 48.04 million, 32% above those in 2020, as employee benefit expenses rose to RON 15.56 million, 31% higher than the previous year, while external service expenses amounted to RON 8.93 million, compared to RON 3.7 million in 2020.<\/p>\n
Operating income was RON 1.91 million, more than three times lower than in 2020, to which was added a net financial gain of RON 2.79 million.<\/p>\n
What was THR Marea Neagra’s net profit in 2021?<\/strong><\/p>\n The company recorded a preliminary net profit of RON 3.43 million, representing a 25% decrease compared to the previous year.<\/p>\n Why did the profit decrease despite higher revenues?<\/strong><\/p>\n The decline was caused by operating expenses growing faster (32%) than operating revenues (18%), primarily driven by personnel costs and external services.<\/p>\n How did accommodation and catering revenues perform?<\/strong><\/p>\n Accommodation revenues more than doubled to RON 25.33 million, and public catering revenues grew by 105% to RON 12.26 million compared to 2020.<\/p>\n","protected":false},"excerpt":{"rendered":" THR Marea Neagra: profit down 25% in 2021 Turism, Hoteluri, Restaurante Marea Neagra recorded a preliminary net profit of RON 3.43 million last year, 25% below the previous year, as the growth in operating expenses exceeded that of revenues, according to the financial statements published on the Bucharest Stock Exchange (BVB) website. Accommodation revenues were…<\/p>\n","protected":false},"author":0,"featured_media":69582,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[3846,715],"thb-sponsors":[],"class_list":["post-117155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants","tag-thr-black-sea","tag-venituri"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=117155"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/69582"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=117155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=117155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=117155"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=117155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}