The sales of Plastics Thrace in the first quarter of 2022 amounted to 106.3 million euros.
In particular, the Thrace Plastics Holding Company, regarding the financial results of the first quarter 2022, notes that sales in the first quarter of the year amounted to 106.3 million euros, while in the first quarter of 2021 sales amounted to 111.4 million.
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) for the first quarter of 2022 amounted to 15.5 million euros, while in the first quarter of 2021 they amounted to 35.9 million euros.
Earnings before Taxes (EBT) for the first quarter of 2022 amount to 10.7 million euros, of which 6.4 million euros relate to the traditional product portfolio and 4.3 million euros come from sales of personal protection products.
Profits before taxes of the first quarter from the traditional product portfolio are 27.2% behind, compared to Profits before taxes from the traditional product portfolio of the corresponding period last year. However, given the particular circumstances prevailing both in the first quarter of 2021, due to the outbreak of the pandemic, and the current special circumstances, due to the ongoing war and inflationary pressures, it becomes extremely difficult to directly compare the two regions.
Compared to pre-pandemic levels, ie in the first quarter of 2019, Profit before Taxes in the first quarter of 2022 has more than doubled, showing an increase of 108.9%, demonstrating significantly increased profitability, despite the extremely negative conditions prevailing in the global market in first quarter of 2022 and the significant increase in the cost of Raw Materials, energy and transport.
In terms of liquidity levels and as a result of the implementation of the investment plan, the Group maintained its increased liquidity, recording Net Borrowing of 12.4 million euros. It should be noted that the comparison with the previous year refers to ongoing activities.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
