The consolidated net after tax profits of the Hellenic Exchanges-Athens Stock Exchange Group amounted to 3.2 million euros in the first half of 2016, from 5.4 million in the same period of 2015, a decline of 41%. The net after tax profits per share in H1 2016 amounted to 0.03 euros from 0.07 in the first half of 2015.
Group turnover amounted to 14.9 million euros in H1 2016 from 18.5 million in the corresponding period last year, while after subtracting the Hellenic Capital Market Commission fee, total consolidated revenue amounted to 14.2 million euros 17.6 million, reduced by 19.3 pct.
Total consolidated revenue was reduced mainly due to a drop in both trading activity and the capitalization of the Cash Market. In particular, in H1 2016 the average daily traded value was 76 million euros, compared to 101.8 million, a 25.4 pct reduction. The average capitalisation of the Greek capital market dropped by 13.9 pct compared to H1 2015 (41.1 billion euros from 47.7 bn).
Total operating expenses including new activities amounted to 8.4 million euros compared to 9.3 million in the corresponding period last year, reduced by 9 pct.
Consolidated Earnings Before Tax (EBT) in H1 2016 amounted to 4.8 million euros from 8.1 million in the corresponding half of 2015.
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