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

Kiriacoulis Mediterranean swings to profit in Q1

Podcast

Street Talk | Episode 126: Hunting the bears, making the bull case for CRE

Blog

Investment Banking Essentials May 15

Video

Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency


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.