Tuesday, 5 March 2013

Sotogrande loses €68 million in 2012

Losses are up by 115% over 2011
SAN ROQUE / Sotogrande NH Hotels owns over €97% of Sotogrande S.A., which is its real estate arm headquartered in San Roque. It recently reported a loss of €68 million, which is up by 115% from the previous year's €31.6 million. Income for 2012 amounted to €548,000, against costs of €4 million. All this, and more, according to the company's report to the Comisión Nacional del Mercado de Valores (CNMV, or Stock Exchange Commission).

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