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PPC recorded reduced profits in 1Q2015

28 May 15 - RE+D Magazine
PPC recorded reduced profits in 1Q2015

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Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services
Public Power Corporation (PPC) on Thursday said its revenue grew 4,0 pct in the first quarter of 2015, but higher provisions (€187 million) and increased spending on energy supplies had a negative effect on results, with net profits falling to €55,7 million in the January-March period from €81,3 million in the same period last year.

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