Thessaloniki Port: Performance growth for 2023 with record container throughput

Thessaloniki Port Authority S.A. (ThPA) announced performance growth based on the financial results for the fiscal year 2023, ANA reports.

Specifically, after the approval of the Annual Financial Report from the Board of Directors (BoD) on Wednesday, announced that consolidated revenue for 2023 was increased to 85,9 million euros, from 85,3 million euros for 2022.

The container terminal recorded a significant growth in revenue of over 12% (to 59,8 million euros); similar growth was posted in the real estate sector and in the cruise & ferry passenger traffic by 18,2% and 31,3% respectively (to 3,9 million euros and 0,9 million euros respectively), while conventional cargo terminal posted a decrease in revenue by 21,5% (to 20,2 million euros). Revenue from the subsidiary in Sofia was formed at insignificant levels.

Concerning the Group performance, there was a net increase in profitability at all levels: Gross Profits increased by 1,9%, to 37,6 million euros, Operating Profits (EBITDA) increased by 3,4% to 34,1 million euros and the Net Profits after taxes increased by 8,9%, to 20,3 million euros.

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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: George M. Groutas