The annual briefing to the Hellenic Fund and Asset Management Association for the results of PPA S.A. for the year 2019 took place via teleconference in the presence of the CEO of PPA S.A. Captain Fu Chengqiu, Mr. Angelos Karakostas, Deputy CEO, and Mr. Tian Chao, Assistant CEO & CFO. The most important financial data of 2019 are as follows:
In response to the articles released and refer to supposedly licensing deficiencies in the investment plan implementation of PPA S.A., the Management of the Company, strictly applying the laws of Greece and the EU as well as the provisions for the listed companies, informs about the following:
Public disclosure of inside information according to Regulation (EU) 596/2014 and Implementing Regulation (EU) 2016/1055
PPA S.A. announces the acceptance of the resignation of the Board of Directors member Mr. YE Weilong, with effective date March 10th 2020.
The Board of Directors of PPA S.A. approved the Annual Financial results 2019 (the full package of annual report will be available 21st Feb. 2020), according to which:The revenues amounted to € 149.2 million compared to € 132.9 million in the period of 2018, showing an increase of € 16.3 million or 12.3%. This change is mainly due to the revenues increase from the concession fee by 17.1 % or approximately by € 9.6 million. A further increase in revenue…
PPA S.A. announces that the construction company TEKAL S.A. was awarded as the construction contractor of the Cruise Terminal Expansion project of Piraeus Port Authority, after the financial bid of € 103 million plus VAT, initially budgeted € 136.3 million
PPA S.A. announces that today Monday, November 18th 2019 at 9:58 a.m. was handled the container with number CSUN7025891, which was unloaded from the COSCO SHIPPING CAPRICORN ship, reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year.
• Prime Minister welcomes largest ever EIB port investment in Greece• Expanding principal port in Greece will create jobs and support growth nationwide• Scheme to expand and upgrade cruise, container and car terminal, develop new port logistics centre and improve infrastructure and equipment of the ship repair zone