VPT handles 69.84 million tonnes of cargo during FY2020-21
Visakhapatnam, Apr 3 (UNI) Visakhapatnam Port Trust (VPT) has handled 69.84 million tonnes of cargo during the fiscal 2020-21.
The VPT recorded a shortfall of about three million tonnes during the financial year 2020-21 as against 72.72 million tonnes achieved during the previous fiscal, VPT Chairman K Rama Mohana Rao said at a press conference here on Saturday.
Though the Port Trust had shown its resilience against severe disruption in supply chains and economic downturn due to COVID-19 pandemic, it maintained third position among major ports for the second consecutive year, he said.
The Chairman said the VPT could restrict the decline to four percent whereas the decline recorded 7 per cent in all major ports in the country.
DGAP-News: Selected preliminary (unaudited) financial information for FY2020 of TLG IMMOBILIEN AG, Berlin
vom 01.04.2021, 13:43 Uhr
Bild: pixabay.com
Selected preliminary (unaudited) financial information for FY2020 of TLG IMMOBILIEN AG, Berlin
01.04.2021 / 13:43
Selected preliminary (unaudited) financial information for FY2020 of TLG IMMOBILIEN AG, Berlin
TLG finalizes FY 2020 with positive results:
- Net rental income amounted to €217 million, down from €230 million due to disposals.
- FFO per share increased by 6% to €1.45.
- Successful disposals of over €1 billion and above book value, highlighting the strong asset quality
- LTV at 29% and high liquidity levels represents TLG s conservative capital structure.
- New EPRA KPI s implemented, with EPRA NTA of €3.64 billion or €36.3 per share as of December 2020, 13.4% higher than in 2019.
AKKA FY 2020 RESULTS(1): PROFITABILITY(2) RESTORED IN H2 2020 IN ALL UNITS STRONG CASH FLOW GENERATION IN FY2020
OPERATING
Full-year revenue of €1.5 billion, down 16.5% vs 2019
Operating profit down to (170.5) M, due to the consequences of the COVID situation and its related costs
FY operating profit (adjusted)
FY2020
Financial structure strengthened following the completion of the reserved capital increase
Mauro Ricci, Chairman and CEO of AKKA, commented:
2020 was an unprecedented year, in which we carried out immediate actions to protect our employees and partners while continuing to serve our customers effectively. Throughout 2020, AKKA worked hard to accelerate its transformation while strengthening its fundamentals to be better positioned than ever and emerge from the crisis with its agility restored.
EQS-News: PJSC Mechel: Mechel Reports the FY2020 Financial Results
PJSC Mechel: Mechel Reports the FY2020 Financial Results
11.03.2021 / 14:00 MSK
MECHEL REPORTS THE FY2020 FINANCIAL RESULTS
Consolidated revenue - 265.5 bln rubles (-8% compared to FY 2019)
EBITDA[ ] - 41.1 bln rubles (-23% compared to FY 2019)
Profit attributable to equity shareholders of Mechel PAO - 808 mln rubles
Moscow, Russia - March 11, 2021 - Mechel PAO (MOEX: MTLR, NYSE: MTL), a leading Russian mining and steel group, announces financial results for the FY 2020.
Mechel PAO s Chief Executive Officer Oleg Korzhov commented: The Group s consolidated revenue in 2020 totaled 265.5 billion rubles, which is 8% less compared to 2019. EBITDA amounted to 41.1 billion rubles, which is 23% less year-on-year.
Premium Analysis
A trickle of annual reports and financial statements for airport operators is turning to a flood as the end of Feb-2021 is reached.
They make for grim reading, as expected. But it is not disastrous.
None are saying that they are on the verge of going bust. One big operator, which last year was talking in terms of having sufficient liquidity until the summer of this year, now cites 2023 instead. There has been recapitalisation and cost-cutting as operators adapt to the ‘new normal’. Multiple vaccine availability gives cause for hope.
The main message coming out of these reports, though, is that no two sets of circumstances are alike, which is why a few operators are able to carry on much as normal, while others (the majority) are a shadow of what they once were.