Thessaloniki Port Authority SA reported a 10
Thessaloniki Port Authority SA reported a 10.2 per cent increase in consolidated group revenue to EUR53.3 million for the first half of 2025, following board approval of its semi-annual financial report, reported Saint Petersburg's PortNews. All major business segments posted gains. Container terminal revenue rose 13.2 per cent to EUR8.9 million, conventional cargo increased 4.5 per cent to EUR11.4 million, real estate climbed 3.1 per cent to EUR2.2 million, and passenger traffic surged 28.4 per cent to EUR0.7 million.
Profitability also improved. Gross profits rose 12.1 per cent to EUR25.1 million, operating profits (EBITDA) increased 19.7 per cent to EUR24.9 million, and net profits after taxes grew 16.7 per cent to EUR15.9 million.
Capital expenditure reached EUR5.2 million, up from EUR2.8 million in the same period last year. Spending is expected to accelerate in the second half with the signing of the Pier 6 expansion contract and further investment plan implementation.
Chief executive Ioannis Tsaras said the strong first-half performance reflects ThPA's steady growth and commitment to upgrading the Port of Thessaloniki. He said the company will continue investing in infrastructure and equipment to boost efficiency and productivity.
Dr Tsaras added that the port aims to strengthen its role as a transit gateway to Southeast Europe, creating new opportunities for the economy, employment and society in Thessaloniki and across Greece.
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