HELEX H1 2016 results show continuing drop in profits

Economy Tags: Corporates, Results
Photo via www.helex.com
Photo via www.helex.com

Hellenic Exchanges-Athens Stock Exchange Group released its H1 2016 results on Monday showing that the net profits of the group came to 3.2 million euros compared to 5.4 million euros in H1 2016, a decline of 41 percent, continuing the group’s trend for falling profits.

An indication of the first half results could be gauged from the group’s Q1 2016 results, where net profits fell by 54 percent, fuelled by Greece’s rocky economic outlook. Annual results for 2015 showed a fall in net consolidated profit of 57 percent co...

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