ATHEX net profits down 54 percent in Q1 2016

Economy Tags: Corporates
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The Hellenic Exchanges-Athens Stock Exchange (ATHEX) released its financial results for Q1 2016 after close of business on Monday, showing that the consolidated net after tax profits of the group came to 1.9 million euros compared to 4.1 million euros in Q1 2015, a reduction of 54 percent.

The results mirror the group’s annual results for 2015, where Greece’s dramatic year manifested in investor unease that caused a 57 percent drop in net consolidated profits compared to 2014.

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