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Bulgaria s Sv. Sv. Konstantin i Elena Holding swings to cons net loss in 2020
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SOFIA (Bulgaria), March 4 (SeeNews) - Bulgarian hotel operator Sv. Sv. Konstantin i Elena Holding [BUL:SKEH] said that it turned to a consolidated net loss of some 4.2 million levs ($2.6 million/2.1 million euro) in 2020, from a net profit of 748,000 levs a year earlier.
Sv. Sv. Konstantin i Elena Holding s operating revenue fell to 16.4 million levs last year from 29.7 million levs in 2019, the company said in 2020 annual financial statement published earlier this week.
The hotel operator s income from sales of tour package services declined to 8.6 million levs in the review period, compared to 16.3 million levs in 2019, the financial statement showed. ....

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