Luka Koper publishes the non-audited report on the performance for January–June 2018

Koper, Slovenia (Ports Europe) September 4, 2018 - Luka Koper d.d. has published the non-audited report on the performance of Luka Koper d.d. and Luka Koper Group in January–June 2018. The reports includes a business report, information on sustainable development and an accounting report. It can be accessed here. The performance highlights of Luka Koper Group, January - June 2018: Maritime throughput of Luka Koper Group stood at 12 million tonnes, which was at the level of the first half of 2017. In March 2018, a record monthly maritime throughput of 2.3 million tonnes was achieved. Containers throughput amounted to 488,000 TEUs and it was 6% ahead on the comparable period last year. In March 2018, a record monthly throughput of 92,300 TEUs was achieved in Luka Koper, d. d., history. Throughput of cars amounted to 409,000 cars and was by 17% ahead on the comparable period in 2017. In March 2018, the highest monthly throughput in the amount of 81,600 cars was achieved in the port's history. Net revenue from sale amounted to €113 million ($130.62 million) and exceeded by 5% the achieved net revenue in 2017. Operating profit (EBIT) achieved €43 million ($49.7 million), which is 33% increase in comparison with the comparable period in 2017. Without taking into account the received compensation in the amount of €9.1 million ($10.52 million) relating to the last year, when due to the collision during the storm, the quayside crane collapsed and was damaged, the operating profit (EBIT) would amount to €33 million ($38.15 million), which would be 5% ahead on 2017. Operating profit amounted to €35 million ($40.46 million), which is a year-on increase of 27%. Without taking into account a single event relating to the received compensation in the amount of €9.1 million ($10.52 million), the net operating revenue would amount to €27 million ($31.21 million), which would be at the last year's level. In the first half of 2018, Luka Koper Group allocated €4.3 million ($4.97 million) for investments. Major implemented investments were: Recontruction of the existing diesel RTG cranes with aim to reduce the noise emissions Construction of the railway track 61 with aim to increase the safety of the railway transport and traffic decongestion Purchase of two terminal trailers for the traction of heavy cargoes from RO-RO vessels Purchase of the 33 t forklift for the needs of the general cargoes Start of the renovation of the administrative building at the Terminal of bulk cargoes Purchase of the replacement equipment for the fire protection system In the first half of 2018, 103 new employments were realised in Luka Koper Group, which was a year-on increase of 9 percent resp. 95 employments, and the reached number of employees was 1.185 employees. Return On Equity (ROE)* amounted to 19.4%, which is 19% resp. 3.1 percentage point ahead on 2017. Without taking into account a single event relating to the received compensation in the amount of €9.1 million ($10.52 million), the return on equity (ROE) would amount to 15.4%, which would be 5 percent resp. 0.9 percentage point decline in comparison with 2017. * The indicator is calculated on the basis of annualised data Source: Luka Koper Copyright (C) Ports Europe. All Rights Reserved. 2018.

Luka Koper publishes the non-audited report on the performance for January–June 2018

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Luka Koper publishes the non-audited report on the performance for January–June 2018

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All news

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Kazakhstan’s ports handled 6.2 mln tonnes of cargo in Jan-Oct’24

DFDS finally buys Ekol Logistics

Two cocaine shipments, 720 kg and 720 kg, seized in Vlissingen port

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Our Expert Analysis

Latest Free Reads

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