The Port of Thessaloniki has completed a total revenue of US$84.9 million in 2021, representing an increase of 7.2% over 2020, which was mainly driven by the increased volumes both of container and conventional cargo.
During the same period, the Greek port’s gross profit surpassed US$40 million, which translates to a growth of 9% year-on-year, while net profit after taxes registered a 5% increase, reaching US$23.3 million.
The port’s operating profits (EBITDA) have also risen by 12.3% in 2021, totalling US$38.3 million, primarily driven by the container throughput of 471,000 TEU, which was increased by 2.2% compared to the previous year.
“We remain optimistic and focused on our strategic objective, which is to implement our investment plan while developing all business sectors of the Port of Thessaloniki, actively contributing to the development of our business partners and offering value to all stakeholders and society, while promoting sustainability,” stated the executive chairman of the board of directors of Thessaloniki Port Authority, Thanos Liagkos.
The capital expenditure program for 2021 amounted to US$19.2 million, mainly attributed to the investments in the upgrade of the port’s infrastructure, the purchase of new loading and unloading equipment including the advance payments for the purchase of two new ship-to-shore cranes, which are project to be fully operational in July of 2022.
