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THPA S.A. announces that, the Vice President of the BoD of ThPA SA, Anastasios Kantaras, submitted his resignation because of his participation in the National elections of 09/20/2015.

The company’s turnover at the period of 01/01/2015 to 30/06/2015 amounted to 26,609,944€ against 26,306,612€ at  the same period in 2014, exhibiting an increase by (1.15%), attributed  to  the  increase of the sales in operational sectors, Container Terminal by 1.62%, Conventional port by 0.33%, the sales at Exploitation of premises Passengers Traffic by 1.63%  while there is a decrease of the sales at Passengers Traffic by 10.13%.

At the period of 01/01/2015 to 30/06/2015, the unitized cargo (containers) handled 168,589 containers (TEUs), increased by 4.30% against   the same period in 2014, decreased by 29.73%   in general Conventiontal cargo and increased by 6.67% in  bulk Conventional cargo.

Total revenues   decreased by 2.32% against the same period in 2014, despite the reduction of financial income by 54.51% due to a significant drop in interest rates on invested assets of the company.

Total expenses decreased by 2.44% against the same period in 2014, mainly by reducing the personnel wages and expenses by 5.67%.

Gross profit amounted to 13,421,147€ against 12,378,261€ in 2014 (+8,43%).

The operating profit (EBITDA) at the period of 01/01/2015 to 30/06/2015 amounted to 14,599,250€ against 14,054,330 € in 2014 (+3.88%).

Earnings before taxes amounted to 13,456,185€ against 13,756,713€ in 2014 (-2.18%), while after-tax results amounted to 9,950,091€ against 10,467,551€ in 2014  (-4.94%).

THPA S.A. announces that at the meeting of the company’s BoD on 1/7/2015, Mr. Angelos Vlaxos was appointed as a new non executive member of the BoD, after the resignation of Mr. Alexandros Chloros.

The Board of OLTH SA approved today 28/5/2015 the Financial Report for the period of 1/1/2015-31/3/2015

The company's  turnover  at the period of 01/01/2015 to 31/03/2015 amounted to 13,077,729€ against 12,840,429€ at  the same period in 2014, exhibiting an increase by (1.85%), attributed  to  the  increase of the sales in operational sectors, Container Terminal by 2.62%, Conventional port by 1.39%, Passengers Traffic by 34.22%  while there is a decrease of the sales at Exploitation of premises by 11.31%.

At the period of 01/01/2015 to 31/03/2015, the unitized cargo (containers) handled 82,737 containers (TEUs), increased by 7.18% from  the same period in 2014, decreased by 29.20%   in general cargo and increased by 8.07% in  bulk cargo.
 
Total revenues  increased by 2.10% from the same period in 2014, despite the reduction of financial income by 31.57% due to a significant drop in interest rates on invested assets of the company.

Total expenses decreased by 0.20% from the 31/3/2014, mainly by reducing the personnel wages and expenses by 5.16%.

The operating profit (EBITDA) at the period of 01/01/2015 to 31/03/2015 amounted to 6,942,129€ against 6,379,962€ in 2014 (+8.81%).
Gross profit amounted to 6,383,575€ against 5,894,480€ in 2014 (+8,30%).
Earnings before taxes amounted to 6,565,418€ against 6,258,499€ in 2014 (+4.90%), while after-tax results amounted to 4,851,711€ against 4,635,964€ in 2014  (+4.65%).

THPA sa announces that Mrs. Chrysanthi  Athanasiou was appointed as internal Auditor of the Company (Company's Board of Directors 6227/22.5.2015 decision).

Following the decision of ThPA SA General Meeting  to be continued on 13.05.2015, for the election of the new members of the company’s Board of Directors, the new members were elected. The new BoD at its meeting during the same day defined its executive and non executive members.
The members of the new Board of Directors are:

  1. Ioannis Pantis, President of BoD, executive member
  2. Dimitrios Makris, Cief Executive Officer, executive member
  3. Anastasios Kantaras, Vice President,non executive member
  4. Alexandros Chloros, non executive member
  5. Georgios Lazaridis, non executive member
  6. Constantinos Mellios, independent non executive member
  7. Georgios Tozidis, independent non executive member
  8. Lazaros Tantalidis, non executive member, staff representative
  9. Dimitrios Thiriou, non executive member, dockworkers' representative
  10. Georgios Dimarelos, independent non-executive member, representative of the Municipality of Thessaloniki.

The General Meeting appointed as members of the Audit Committee of ThPA SA the following:

  • Georgios Tozidis
  • Constantinos Mellios
  • Georgios Dimarelos