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THPA sa announces that Mr. Gavriil  Kokkinos was appointed as Internal Auditor of the Company since 01/12/2015 (Company's Board of Directors 6410/20.11.2015 decision).

The Board of OLTH SA approved today 27/11/2015 the Financial Report for the period of 1/1/2015-30/9/2015.


  • The company’s turnover at the period of 01/01/2015 to 30/09/2015 amounted to 38,111,535€ against 39,897,608€ at the same period in 2014, exhibiting a decrease by 4.48%, attributed to the decrease of the sales in operational sectors (Container Terminal by 1.08% and Conventional port by 9.62%), the sales at Exploitation of premises by 4.79% and   the sales at Passengers Traffic by 7.73%.
  • Container Terminal handled 252,127 containers (TEU’s), throughput increased by 1.03% at the period of 01/01/2015 to 30/09/2015, against   the same period in 2014.
  • Dry bulk cargo decreased slightly by 1.57%, due to the decrease of international prices in products as nickel and the decrease of cement production of the industries in the region
  • Conventional cargo was decreased by 6.07% due to the decrease in metallurgical products demand and the shutdown of a large steel industry, which was major customer of the company.
  • Total revenues decreased by 6.41% against the same period in 2014, due to the decrease of sales and the reduction of financial income by 45.42% due to the significant drop in interest rates on invested assets of the company.
  • Total expenses decreased by 2.09% against the same period in 2014, mainly by reducing the personnel wages and expenses by 5.28%.
  • Gross profit amounted to 18,383,975€ against 18,995,289€  in 2014 (-3.22%).
  • The operating profit (EBITDA) at the period of 01/01/2015 to 30/09/2015 amounted to 20,315,627€ against 21,664,422 € in 2014 (-6.23%).
  • Earnings before taxes amounted to 18,686,655€ against 21,038,703€ in 2014 (-11.18%), while after-tax results amounted to 13,527,477€ against 15,838,566€ in 2014 (-14.59%).
  • Profits remain high as a percentage of the total turnover with gross profit amount to 48.24%, operational profit to 53.31%,profit before taxes to 49.03% and profit after taxes to 35.49%.

THPA S.A. announces that at the meeting of the company’s BoD, two new members were appointed, Mr. Panagiotis Kardaras and Mr. Dimitrios Mpikas as non-executive members, following the resignation of Mr. Anastasios Kantaras and Georgios Lazaridis. Also at the same meeting Mr. Konstantinos Mellios was elected as Vice President by secret ballot.

In accordance with the provisions of paragraph of the Regulation of ASE and the article 10 par. 1 of the L.3340/2005, Thessaloniki Port Authority S.A, announces that the tax audit for the fiscal year 2014 has been completed by the Certified Chartered Auditors, pursuant to the provisions of article 65A par. 1 L.4174/2013. The auditors has issued   the relevant tax certificate without reservation.

THPA SA announces that Georgios Lazaridis submitted his resignation of the Member of the BoD of ThPA SA, , because of his election as Member of the Greek Parliament in the National elections of 09/20/2015.

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.