Press Release 26.06.2019 – Ordinary Annual General Meeting

The Annual General Meeting of ThPA S.A. convened today, Thursday June 26, 2019 in Thessaloniki and approved the Annual Financial Report for the Fiscal Year 2018 and the distribution of Dividend of € 0.57 per share. In the General Meeting, the 79.44% of the Shareholding Capital was represented and the activities and the Financial Results for the Fiscal Year 2018 were presented. According to the financial results, the Company’s turnover for the Year 2018 reached an amount of € 58.5 million as compared to € 54.2 million in the Year 2017, showing an increase of 7.9%. Earnings before Tax reached € 24.5-7 million as compared to € 12.5 million in the Year 2017, showing an increase of 98.2%, while Earnings after Tax reached € 17.15 million as compared to € 7.2 million in the Year 2017, showing an increase of 136.8%. The company’s financial data clearly reflect the increase in throughput at the Container Terminal by 6%, the Conventional Cargo by 4%, as well as the significant improvement in the efficiency of the company’s facilities and equipment.