Koper, 24 May (STA) - Port operator Luka Koper reported a net profit of EUR 14.4 million for the first quarter of this year, up 1% over the year before. Sales revenue rose 8% in the same period to EUR 60.7 million, show unaudited results released on Friday.
Profit before income tax, depreciation and amortisation (EBITDA) slipped 1% to EUR 24.4 million, as did pre-tax profit (EBIT), which totalled EUR 17.1 million.
The figures reflect a significant decline in total tonnage the port handled, which contracted by 3% to six million tonnes.
Measured in tonnes, container shipments rose 5% to 2.48 million tonnes and liquid cargoes were up 10% to 848,000 tonnes, but dry bulk was down 13% to just over two million tonnes and car shipments were down 16% to 258,000 tonnes.
The company spent EUR 12 million on investments in fixed assets, a nearly six-fold increase over the same period last year.