Independent journal on economy and transport policy
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Decided increment of the economic results of Global Holding Ports
The crocieristico traffic in the terminals managed from the company is increased of +52.4%
May 13, 2019
In the first three months of the 2019 revenues of the terminalista group and industrial Global Turk Investment Holdings is piled to 260,4 million Turkish Liras (38 million euros), with an increment of +63% regarding the same period last year. In the single harbour field, in which the group work through the society integrally controlled Global Holding Ports (GPH), the revenues have been pairs to 118.8 million Turkish Liras (+41%). The group EBITDA has turned out pairs to 78,7 million Turkish Liras (+63%), with a contribution from the harbour field of 66,9 million (+54%).
The Turkish company has specified that the increment of the volume of transactions of the harbour division is generated mainly by the increase of the crocieristico traffic in the Maltese port of the TV assistant and by the new acquired harbour activities from the group and is also consequence of depreciation of the Turkish Lira in confronts of the dollar and the euro.
In the first trimester of this year in the harbour terminals that are managed and that they take part of the perimeter of consolidation of the Turkish group fleeting the crocieristico traffic has been of 510 thousand, with an increase of +52.4% regarding the correspondent period of 2018. Moreover the containerized trade enlivened from the terminals has been pairs to 52.400 teu, in increase of +2.6% regarding 51.100 teu in the first three months last year, and the commercial traffic of other type has been of 196,8 million tons, with a decrease of -59,1% regarding the 480,7 million one tons in the first trimester of 2018.
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