Piraeus Port Authority (PPA) has chalked up a whopping 208.64% increase in profit for the first half of this year.

The Athens-listed company earned EUR 3.46m ($4.57m) after tax in the first six months of 2013 compared to EUR 1.12m in the first half of last year.

Pre-tax profit was up 92.54% to EUR 3.73m, from EUR 1.94m in the same period in 2012.

The