Lordos Hotels (Holdings) Plc Ltd said recently it expects to report improved earnings in the first half of 2016.
“The first half earnings will be significantly improved compared to the respective ones in the previous year, mainly on increased occupancy of the group’s hotels,” Lordos said in a statement on the website of the Cyprus Stock Exchange.
The hotel operator, which generated an after tax loss of €791,027 in H1 2015, said that it expects a “comparably small loss” from its operations in the first six months of 2016.
Source: Cyprus Mail
