Turism, Hoteluri, Restaurante Marea Neagra S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
April 28, 2022
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Turism, Hoteluri, Restaurante Marea Neagra S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was RON 30.75 million compared to RON 15.35 million a year ago. Revenue was RON 117.46 million compared to RON 42.25 million a year ago. Net income was RON 51.13 million compared to RON 4.45 million a year ago. Basic earnings per share from continuing operations was RON 0.088764 compared to RON 0.007683 a year ago. Diluted earnings per share from continuing operations was RON 0.088764 compared to RON 0.007683 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.