Minoan Lines: Net profits at 7.4 million euros in January-September
Minoan Lines Group on Monday announced its net profits totaled 7.4 million euros in the January-September period, with turnover at 62.6 million euros.
Consolidated results were positive despite a sizable increase in international fuel prices. EBITDA amounted to 19.5 million euros in the nine-month period, while consolidated equity capital was 287.6 million euros, or 2.69 euros per share.
Minoan Lines said its bank borrowing was 148.2 million euros at the end of September.