May 18 (SeeNews) - Croatian hotel operator Liburnia Riviera Hoteli [ZSE:LRH-R-A] said its non-consolidated net loss widened to 39.1 million kuna ($5.6 million/5.2 million euro) in the first quarter of 2020, from 32.9 million kuna in the like period of last year.
First-quarter operating revenue fell 19% year-on-year to 13 million kuna, while operating costs increased 5.7% to 51.5 million kuna, the company said in a filing with the Zagreb Stock Exchange (ZSE) on Saturday.
Zagreb-based Gitone Adriatic held a 71.2% stake in Liburnia Riviera Hoteli as of May 18, according to ZSE data.
LHR's shares last traded on March 5, closing 2.7% higher at 3,800 kuna.
(1 euro = 7.55583 kuna)