Piraeus Port Authority gross profits up, revenues down in H1 2016

EconomyCorporates Tags: Corporates, Results
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Piraeus Port Authority (PPA) H1 2016 results show that despite a total of 28 days of striking between May and June 2016, the company was able to more or less preserve its performance.

Specifically, gross profit increased by 5.6 percent to 12.7 million euros versus 12 million euros in H1 2015. This improvement occurred despite a 5.2 percent reduction in total revenues (46.2 million euros in 2016 from 48.7 million euros in 2015), due t...

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