Cargo, Lithuania, Port, Transport

International Internet Magazine. Baltic States news & analytics Monday, 26.08.2019, 03:59

Klaipeda port's Q1-3 net profit drops 9 pct to EUR 21.5 mln

BC, Vilnius, 02.11.2018.Print version
The Lithuanian seaport of Klaipeda saw its net profit for the three quarters fall to 21.535 mln euros, down 9% from 23.656 million euros in the same period last year, informed LETA/BNS.

Total revenue for January through September rose by 5.7% y-o-y to 46.769 mln euros, the port's authority said in its third-quarter report.

Revenue from port dues grew by 6 percent to 41.11 mln euros and revenue from land fees remained unchanged at 5.518 mln euros.

Cargo traffic via Klaipeda increased by 6.4% in the three quarters y-o-y to 33.682 mln tons.

The port's annual net profit soared by 44.6% in 2017 compared with 2016 to 41.449 mln euros. Revenue rose by 5.8% to 59.795 mln euros.

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