Piraeus Port Authority on Wednesday announced a 22.1 pct increase in its first half turnover to 63.5 million euros, from 52 million in the corresponding period last year, ANA reports. The company attributed this positive development to a significant increase in revenue from the operation of Piers II and III piers (+29.5 pct), revenue from the container terminal (+20.1 pct), car terminal (+29.7 pct) and ship repair (+48.3 pct).
Pre-tax earnings totaled 18.7 million euros, up 117 pct compared with the same period in 2017, while after-tax earnings soared to 13.3 million euros, from 4.4 million last year, the highest ever recorded in the first half. Payroll cost dropped to 28.8 million euros from 30.2 million euros last year.
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