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COMPARATIVE STUDY OF FINANCIAL PROFITABILITY OF ROMANIAN TOURISM COMPANIES
2018
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
Preserved Fulltext
The objective of our paper is to examine the performance of companies in the Romanian tourism sector based on profitability indicators and to highlight the possible correlations between them. Financial performance was studied based on the average values of Return on Assets (ROA), Return on Equity (ROE) and Return on Sales (ROS) calculated over a 10-year period. Our analysis is focused on tourism companies listed on the Bucharest Stock Exchange, which obtained net profits throughout the period.
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