Piraeus Port profits jump in first half 2013

19:08 29/8/2013 - Πηγή: Matrix24

After tax earnings jumped 208.64 pct to 3.45 million euros in the first six months of the year, form 1.12 million euros in 2012.

The listed company said it expected the third quarter of the year to be even more positive boosted by an increase in sea cruise activity.

Turnover eased 2.14 pct in the January-June period, while expenses fell by 5.05 pct over the same period.

Cash reverses totaled 21.3 million euros, up from 8.6 million in 2012, while the company’s net position was 161.9 million euros, up from 155.9 million euros in 2012.

Piraeus Port said transit sea cruise activity was up 11.6 pct in the first half.

Source: AMNA

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