Gek Terna Holdings, Real Estate, Construction S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
September 30, 2021 at 05:00 am EDT
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GEK TERNA Holdings, Real Estate, Construction S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was EUR 439.376 million compared to EUR 419.907 million a year ago. Net loss was EUR 44.046 million compared to net income of EUR 1.368 million a year ago. Basic loss per share was EUR 0.45839 compared to basic earnings per share of EUR 0.0141 a year ago. Basic loss per share from continuing operations was EUR 0.09132 compared to basic earnings per share from continuing operations of EUR 0.02357 a year ago.
GEK TERNA Holdings, Real Estate, Construction S.A. is a holding company organized around 5 areas of activity:
- electricity production (73,1% of net sales): from renewable energies and from natural gas ;
- infrastructure construction (21.3%): power plants, highways, etc.;
- infrastructure management under concession agreements (5.1%): highways, parking lots, etc.;
- production of industrial facilities and construction materials (0.4%): pylons, struts, wood constructions, cements, etc. ;
- real estate development and property management (0.1%).
Net sales are distributed geographically as follows: Greece (93.2%), Balkans (5.3%), Eastern Europe (0.8%) and others (0.7%).
GEK TERNA HOLDINGS, REAL ESTATE, CONSTRUCTION S.A. 
