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22 January 2019 The on-line newspaper devoted to the world of transports 06:09 GMT+1

November 9, 2017

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Original news
The Global Turk Holding Ports has concluded the third trimester with a profit clearly of 9,5 million dollars (+29.4%)

In the first nine months of the 2017 economic result clearly it has recorded a decrease of -67,2%

In the third trimester of this year the revenues of the Turkish terminalista group Global Holding Ports (GPH) have recorded an increment of +1.6% having been are pairs to 38,2 million dollars regarding 37,5 million dollars in the period July-september of 2016. The EBITDA is piled to 25,2 million dollars (+11.4%), the operating profit to 14,1 million dollars (- 0.9%) and the profit clearly to 9,5 million dollars (+29.4%).

Global Holding Ports is active mainly in the field of the terminal management cruises and terminal container and is present in Turkey (ports of Kusadasi, Antalya and Bodrum), to Malta (port de the TV assistant), in Montenegro (port of Bar), in Portugal (port of Lisbon), to Singapore (port of Singapore), in Spain (ports of Barcelona and Malaga) and in Italy (ports of Ravenna, Cagliari and Catania). GPH at the end has acquired participation in terminal in the three Italian ports last year and therefore in the 2016 such activity they have not generated some revenue, while in the first nine months of the 2017 Italian participation they have produced to revenues pairs almost 1,9 million dollars.

Altogether in the first nine months of this year the revenues of the Turkish group have been attested to 87,9 million dollars, with a bending of the -2,6% regarding 90,3 million dollars in the period January-september of 2016. The EBITDA has turned out stable being is pairs to 57,4 million dollars, while the operating profit and the profit clearly have shown decreases respective of the -18,7% and the -67,2% coming down to 17,6 million and 2,5 million dollars.

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