Earnings before interest, taxes, depreciation and amortization

Luka Koper’s net profit nearly doubles in Q1 to over EUR 16m

Koper – Port operator Luka Koper posted a net profit of EUR 16.5 million for the first quarter of 2022, up 91% over the same period in 2021. Sales revenue rose by 23% to EUR 70.9 million, and transshipped goods were up 18% to nearly 5.9 million tonnes, show unaudited results released on Friday.

Papoutsanis: Increase in profits and turnover in the first quarter

Papoutsanis pre-tax profits increased by 46% to 1.1 million euros in the first quarter of 2022, while turnover amounted to 14.9 million euros, an increase of 45% compared to the first quarter of 2021. Profits after taxes amounted to 0.8 million euros compared to 0.5 million euros in the corresponding period of 2021, showing an improvement of 40%.

Retailer Mercator rebounds from loss on slightly higher sales

Ljubljana – Mercator, Slovenia’s largest retailer, recovered from last year’s deep loss as it posted a net profit of EUR 12.6 million for the first nine months of the year. Sales revenue was up by almost a percent to EUR 1.63 billion, shows the group’s earnings report released on Thursday.

Turkish Airlines’ net profits hit $735 million in three quarters of 2021

Turkish Airlines has reported a net profit of $735 million in the first nine months of 2021, İlker Aycı, the flag carrier's chairman of the board, has announced.

"We managed to post profit at a time when other airlines, such Lufthansa, Air France-KLM and United Airlines recorded siginifcant losses.

Türk Telekom’s subsrcipton base expands to 51.4 million

The number of Türk Telekom's subscribers rose to 51.4 million, while the company revised up its revenue, profit and investment forecasts for 2021, according to the company's third-quarter results announced on Nov. 3.

Türk Telekom, Turkey's prominent telecommunications company, has 14.1 million broadband customers as of the end of September, the statement said.

MYTILINEOS – Big profit increase in 2021

62.4% increase in earnings per share on an adjusted basis for extraordinary and non-recurring events, compared to the Nine Months of 2020, or 18% on a non-adjusted basis, with net profit after minority interests amounting to € 115 million, was shown by MYTILINEOS in the 9 months of 2021, according to a relevant announcement.

Loulis Mills – Increase in sales in the first half – How prices of raw materials affected profits

Sales of 60.97 million euros, with an increase of 11.83% showed Loulis Mills at group level in the first half of this year compared to the first half of 2021, while at company level sales amounted to 54.25 million euros with an increase of 13%. Cost of sales increased by 17.63% for the group and by 19.09% for the company.