trending Market Intelligence /marketintelligence/en/news-insights/trending/AAlolFUSwKly9LMW8p7unQ2 content esgSubNav
In This List

Kiriacoulis Mediterranean swings to profit in Q1

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Next in Tech | Episode 48: The everything that is Industrial IoT


Kiriacoulis Mediterranean swings to profit in Q1

Kiriacoulis Mediterranean Cruises Shipping SA said its normalized net income for the first quarter came to 12 euro cents per share, compared with a loss of 11 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €883,180, compared with a loss of €805,330 in the year-earlier period.

The normalized profit margin rose to 29.1% from negative 29.0% in the year-earlier period.

Total revenue increased 9.2% on an annual basis to €3.0 million from €2.8 million, and total operating expenses grew from the prior-year period to €3.9 million from €3.8 million.

Reported net income came to €1.4 million, or 19 cents per share, compared to a loss of €1.4 million, or a loss of 18 cents per share, in the year-earlier period.