Global Ports Holding cuts its six-month loss almost in half amid higher revenue.
The Emre Sayin-led cruise port operator reported a $3.6m loss versus a $6.7m loss a year earlier, driven by organic growth.
The negative number was mainly due to a $16m amortisation cost related to port operation rights.
Revenue came in at an all-time high of $56.6m, a 14% increase from a year ago, particularly from strong performance at Creuers' Barcelona and Malaga cruise ports.
