Τρίτη, 18-Ιουν-2024 16:28
IPTO: Net profit up 25.1%

The Independent Power Transmission Operator (IPTO) showed significant increase in the first quarter of the year, according to the results announced on Tuedsay.
In particular, total revenues amounted to 109.8 million euros, marking an increase of 16.8% compared to the first quarter of 2023, while earnings before taxes, interest and depreciation (EBITDA) amounted to 82.2 million euros (from 70.0 million euros in the first quarter of 2023).
Net profit stood at 36.9 million euros compared to 29.5 million euros in the first quarter of 2023, up 25.1%. Investments fell to 97.2 million from 148.7 million last year while net borrowing also fell to 904.4 million euros from 950.5 million euros at 31 December 2023.