Piraeus Port Authority (PPA) SA, Greece’s biggest port operator, posted an 8.5 percent decline in full- year profit as revenue dropped.
Net income last year fell to 6.5 million euros ($8.7 million) from 7.1 million euros in 2010, according to an e- mailed statement from the company today. Revenue declined 9.9 percent to 105.1 million euros.
“Already 2012 is moving more dynamically and profitably,”Chief Executive Officer Yiorgos Anomeritis said in the statement.
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