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Athens Macedonian News Agency: News in English, 15-11-25

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Piraeus Port reports profits up 40.6% in Jan-Sept

  • [01] Piraeus Port reports profits up 40.6% in Jan-Sept

    The Piraeus Port Authority S.A. on Wednesday reported a 47.3-pct increase in its pre-tax profits during the January-September 2015 period, to 15.3 million euros, up from 10.4 million in the same period last year, while after-tax earnings jumped 40.6 pct to 12.1 million euros.

    Nine-month revenue eased 5.7 pct to 75.4 million euros, while operating expenses fell 4.9 pct to 69.8 million euros, reflecting a 4.4-pct decline in payroll costs and spending on maintenance-repair, energy consumption, etc.

    "Despite adverse economic conditions which affects commerce and transport, the Organization is cutting its expenses, raising its profitability and improving its results," G. Kouvaris, the chairman and chief executive of the port said in an announcement.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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