Orbis profit soars in Q3 to PLN 106 mln

Poland’s largest hotel operator Orbis posted consolidated net profit of PLN 105.89 million in Q3 2017, up from PLN 80.05 million recorded in Q3 of last year, the company stated. Operational profit stood at PLN 129.09 million in the same period (PLN 104.82 million in Q3 2016), while consolidated revenue reached PLN 421.92 (PLN 396.37 million in Q3 last year). For the Q1-Q3 period, Orbis recorded PLN 188.14 in net profit (last year it was PLN 151.42 million), while revenue came in at PLN 1.101 billion, compared to PLN 1.036 billion last year.