trending Market Intelligence /marketintelligence/en/news-insights/trending/dmrkLs1XU0Tu6gtbTHBaUQ2 content esgSubNav
In This List

Lampsa Hellenic Hotels Q1 loss widens 76.9% YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Lampsa Hellenic Hotels Q1 loss widens 76.9% YOY

Lampsa Hellenic Hotels S.A. said its first-quarter normalized net income came to a loss of 10 euro cents per share, compared with a loss of 6 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of €2.2 million, compared with a loss of €1.3 million in the prior-year period.

The normalized profit margin fell to negative 29.4% from negative 17.1% in the year-earlier period.

Total revenue increased on an annual basis to €7.6 million from €7.4 million, and total operating expenses climbed 9.8% year over year to €9.4 million from €8.5 million.

Reported net income came to a loss of €2.6 million, or a loss of 12 cents per share, compared to a loss of €2.0 million, or a loss of 9 cents per share, in the prior-year period.