Piraeus, 30.08.2012
PRESS RELEASE
Following the release of the Financial Report of the First Half of 2012, it was registered without determining that "the profits of PPA dropped". The Financial Department of PPA SA clarifies that this decrease concerns net earnings after tax, due to reversal of unutilized provisions in accordance with International Accounting Standards and not the gross profit, which increased by 118.7% from 4.493.246 Euros in 2011 to 9.827.330 in 2012.
