Profit at the Danubius hotel chain

The Danubius Hotel and spa Nyrt. reached a 2.46 HUF billion pre-tax profit for the third quarter of 2009, after the 1.3 billion HUF decline of the first half of the year. Pre-tax profit of the company was 1.16 billion HUF, in the first nine months.

However the three-quarters of the annual profit is still 45 percent lower than it was in the previous year. According to  International Financial Reporting Standards (IFRS) based on consolidated revenues, with the 5 percent decline a 34.2 billion HUF was achieved in the first nine months of the year. Danubius shares on the Budapest Stock Exchange, is in "A" category – reports privátbankar.hu.