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%).
