Orbis profit up in H1, plans to open 23 hotels in 2 yrs
15:22
Hospitality group Orbis, a unit of French Accor, recorded consolidated net profits of PLN 71.1 million in H1 2016, compared with PLN 53.28 million in H1 2015, the company announced in a report.
The company's operating profit amounted to PLN 91.52 million in H1 2016, versus PLN 71.35 million in the previous year.
The group's consolidated revenue in the period stood at PLN 639.87 million, while in H1 2015 it totaled PLN 591.63 million.
The company also informed that it plans to open 23 new hotels in the next two years.