Profit of Port of Tallinn up by 25% in a year

Port of Tallinn said that its net profit in the first quarter amounted to EUR 13.1 million that is 25% than a year earlier, writes Aripaev.The state-owned enterprise said its first-quarter revenue was EUR 23.9 million, having increased 10% year on year.
The company’s outstanding loan burden was EUR 134 million, a decrease by 5 million euros in a quarter.


According to Port of Tallinn, the first quarter was successful: the company handled 9.2 million tons of cargo which is 9% annual growth and made it one of the top-performing ports on the Eastern part of the Baltic Sea.


A total of 1.58 million passengers, mainly on Tallinn-Helsinki line, passed through the ports that belong to Port of Tallinn.
(Source:http://en.portnews.ru)