Public Power Nine-Month Profit Rises 30% Helped by Depa Accord
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Public Power Corp. SA, Greece’s biggest electricity supplier, posted a 30 percent nine-month profit increase, as settlement of a financial dispute with Depa SA and lower staff costs helped to offset higher fuel expenses.
Net income rose to 118.1 million euros ($153.3 million) from 90.8 million euros in the year-earlier period, the company, known as PPC, said in an Athens-bourse filing today.