PPC posts net loss of 255.1 mln in 9M on higher CO2 charges
ADMIE Holdings posts income of 29.3 mln, affiliate profits up to 60 mln in 9M
GEK Terna’s 9M sales rise by 17.6 pct but net profits fall
Terna Energy net profits reach 27.9 mln in 9M
Lamda Development net results show 26.6 million profit in 9M period
OPAP net profits rise by 12.8 pct in 9M on VLT revenues
PPC reverses net losses in 2016 results
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), has released its full-year financial report for 2016, showing that group turnover decreased by 8.3 percent to 5.25 billion euros compared to 5.73 billion in 2015.
The decline was attributed largely to a 549-million-euro decline in revenues from electricity sales due to a reduction in PPC’s average market share, a bonus scheme which rewards customers for timely bill payments and power thefts, a persistent problem ...
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