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Palma de Mallorca 07-08-08
SOL MELIÁ ANET PROFITS OF 36.7 MILLION EUROS FOR THE FIRST HALF OF THE YEAR
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The hotel chain Sol Meliá today announced financial results for the first half of the year which show a net profit of 36.7 million euros and revenues of 618.5 million euros. The positive performance of the business was adversely affected by several external factors including the current economic slowdown, the negative influence of the dollar exchange rate and, to a lesser degree, the British pound, in addition to the absence of capital gains from asset rotation activities over the first six months of the year compared to the 17.4 million euros achieved over the same period in 2007. |
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