Corporations kick off Q1 earnings season with improved profits
Terna Energy net profit increases by 39.3 pct in 2020
GEK Terna posts net profit of 12.5 million in 2020
PPC returns to profitability in 2020, posting net income of 35.2 mln
Lamda Development reports net loss of 51.7 mln in 2020
Aegean Airlines posts 2020 loss of 227.9 mln as Covid batters air travel
Corporates had tough first quarter as pandemic dragged on
With many large corporates having now reported their financials for the first quarter (Q1), the results showed them continuing to feel the squeeze to both their top and bottom lines.
This is despite some signs among the first to report that they were able to squeeze out some improvement in profitability despite falling revenue.
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