The shareholders of Piraeus Port Authority (PPA) approved by majority vote all items on the agenda, including the distribution of a dividend at 1.34 euros gross per share for fiscal year 2023, a 29% increase compared to 2022, PPA said in a statement on Thursday, ANA reports.
PPA’s Annual General Meeting met through teleconference and reached a quorum of 81.28%.
During the meeting, shareholders were briefed on the Company’s progress and current developments, questions were answered and positive comments were made for the Company’s excellent financial performance despite the difficult circumstances.
Key highlights from the Annual Financial Report for the year 2023 are as follows:
Total revenues rose to 219.8 million euros, marking an increase of 12.9% or 25.2 million euros from 194.6 million euros in 2022. Profits before taxes rose to 96.2 million euros, up by 28.8% from 74.7 million euros in 2022, while profits after taxes increased to 66.8 million euros, a 26.3% rise compared to 52.9 million euros in 2022.
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