Independent journal on economy and transport policy
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In the 2011 volume of transactions of the Global Turk Holding Ports it has grown of 77%
The EBITDA, excluding the reduction of value of the goodwill, is increased of 83%
April 26, 2012
In the 2011 Global Holding Ports (GPH), terminalista society participated with 77.9% from the Global Turk Investment Holdings (GIH) and with 22.1% from the VEI Capital (Palladium Financial institution), has recorded a profit of clearly 3,6 million Turkish Liras (8,6 million euros) on revenues for 108,1 million Turkish Liras respect to a profit of clearly 260,5 million Turkish Liras on revenues for 61,0 million Turkish Liras in the exercise anniversary 2010. The operating result (EBITDA) is piled to 64,8 million Turkish Liras regarding 289,2 million in 2010.
Global Investment Holdings has announced that the EBITDA of 2011 of GPH includes a reduction of value of the goodwill for -254,9 million Turkish Liras regarding -2,2 million in 2010. With exclusion of such figures the EBITDA of 2011 is piled to 62,6 million Turkish Liras regarding 34,3 million in 2010 (+83%).
Moreover GIH has explained that the increase of 77% of the revenues of Global Holding Ports is attributable mainly to the port of Antalya, is because of the acquisition of an ulterior share quota the port (in the 2006 GPH has acquired 40% of the port of Akdeniz-Antalya and in 2010 it has acquired other quotas reaching 99.8% of the capital) is to the increase of 31% of the operating performances hauled by the traffic of the container. Moreover the revenues from the activity in the segment of the cruises have grown of 45%.
Last year the port of Antalya has enlivened 1.243.973 several tons of goods and 1.116.952 tons of bulk sand banks, with bendings respective of 19.5% and 29.1% on 2010. The traffic of the container has been pairs to 169.424 teu, with a progression of 34.8% regarding 125.670 teu in 2010.
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In the 2011 Global Holding Ports (GPH), terminalista society participated with 77.9% from the Global Turk Investment Holdings (GIH) and with 22.1% from the VEI Capital (Palladium Financial institution), has recorded a profit of clearly 3,6 million Turkish Liras (8,6 million euros) on revenues for 108,1 million Turkish Liras respect to a profit of clearly 260,5 million Turkish Liras on revenues for 61,0 million Turkish Liras in the exercise anniversary 2010. The operating result (EBITDA) is piled to 64,8 million Turkish Liras regarding 289,2 million in 2010.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
