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This was achieved through a 20.3 percent drop in administrative costs and a 4.3 percent contraction in salaries, while turnover rose 3.6 percent to 103.5 million euros, the Athens-listed corporation announced on Thursday.

Pretax profits reached 11 million euros, against 9.8 million in 2015. After-tax earnings amounted to 6.7 million euros.

Cosco intends to invest 137.5 million euros in OLP this year.

http://www.ekathimerini.com/216276/article/ekathimerini/business/piraeus-port-profits-jump-13-pct-in-2016

Source: http://www.ekathimerini.com/216276/article/ekathimerini/business/piraeus-port-profits-jump-13-pct-in-2016
2017-02-17

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