November 15 (SeeNews) - Montenegrin hotel operator Budvanska rivijera [MNG:BUDR] turned to a net profit of 177,046 euro ($202,767) in the first nine months of 2021, from a 5.9 million euro net loss in the like period of last year, it said.
The company's revenue grew to 10.3 million euro from 2.7 million euro while operating costs went up to 9.6 million euro from 8.5 million euro, Budvanska rivijera said in an interim financial statement filed with the Montenegro Stock Exchange.
Following are details of Budvanska rivijera's performance (in millions of euro):
|
9-mo'21 |
9-mo'20 |
Operating revenue |
10.307 |
2.727 |
Operating costs |
9.617 |
8.516 |
Operating profit/loss |
0.690 |
-5.790 |
Net profit/loss |
0.177 |
-5.856 |
($ = 0.8731 euro)