Ain Kaljurand News

1H 2014 Profits of Port of Tallinn Up 16%

Port of Tallinn earned an unaudited half-year net profit of 20.2 million euros with company’s turnover reaching 59 million euros. Compared to last year the turnover increased by 7% and the net profit by 16%. “The first half of this year introduced the best ever figures for Port of Tallinn, both financially and concerning the record number of passengers,” said Ain Kaljurand, the Chairman of the Management Board of AS Tallinna Sadam. The turnover of state-owned Port of Tallinn increased by 7% to 59 million euros, while the operating expenses had a raise of 3.3% and reached 26.4 million euros during the same period. “The best ever turnover…