Piraeus Port Authority reaches new highs in half-year revenues and profits

TornosNews.gr 30.09.2024 | 21:28
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Piraeus Port Authority reaches new highs in half-year revenues and profitsChairman of PPA SA Lin Ji expressed his satisfaction with the company's new increase in revenues and profits in the first half of 2024

Piraeus Port Authority SA registered a rise in revenues and profits in the first half of 2024, achieving once again the best returns historically for the specific time period, ANA reports.

Specifically, total revenues for the first half of 2024 amounted to 107.1 million euros compared to 102.4 million euros in the same period in 2023, an increase of 4.7 million euros, or 4.6%. This change is mainly due to the significant increase in revenues of the car transport sector by 59.9%, the cruise sector by 13.2%, and the container sector (Pier I) by 4.0%. 

There was also a rise of 7.3% in profits before tax, which totaled 53.0 million euros, compared to 49.4 million euros in the corresponding period of 2023. After-tax profits totaled 40.4 million euros compared to 38.7 million euros, representing a positive change of 4.4% compared to the corresponding half-year of 2023.  

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Nikolaos Diakidis

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