Turism, Hoteluri, Restaurante Marea Neagra S.A. Reports Earnings Results for the Full Year Ended December 31, 2023
February 28, 2024
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Turism, Hoteluri, Restaurante Marea Neagra S.A. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was RON 27.18 million compared to RON 27.53 million a year ago. Revenue was RON 52.3 million compared to RON 69.58 million a year ago.
Net income was RON 21.28 million compared to net loss of RON 6.46 million a year ago.
Turism Hoteluri Restaurante Marea Neagra SA (THR Marea Neagra SA) is a Romania-based company engaged in the tourism sector. The Company provides tourism services in the Black Sea resorts of Eforie Nord, Eforie Sud, Venus, Saturn and Neptun. THR Marea Neagra SA offers various types of accommodation and food services. It administrates 34 accommodation and 29 foodservice units. The accommodation units offer over 12,000 places. The services provided by the Company are completed by the health and treatment offers in spa centers situated in Saturn, within the residential three-star hotels Balada, Hora and Sirena. THR Marea Neagra SA also offers recreation packages through its Aqua Park Balada and Aqua Park Cleopatra. As of December 31, 2011, SIF Transilvania SA held a 77.71% stake in the Company.