trending Market Intelligence /marketintelligence/en/news-insights/trending/WZi74gUJLYHPd7Chjui8fw2 content esgSubNav
In This List

Les Hotels De Paris H1 loss widens 98.7% YOY

Podcast

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

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Blog

Optimism abounds in Indian online video industry


Les Hotels De Paris H1 loss widens 98.7% YOY

Les Hotels De Paris SA said its first-half normalized net income was a loss of 67 euro cents per share, compared with a loss of 33 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 €4.6 million, compared with a loss of €2.3 million in the prior-year period.

Total revenue decreased 23.3% on an annual basis to €13.0 million from €17.0 million, and total operating expenses totaled €19.6 million, compared with €19.7 million in the year-earlier period.

Reported net income came to a loss of €1.6 million, or a loss of 23 cents per share, compared to a loss of €1.3 million, or a loss of 18 cents per share, in the prior-year period.