FC Porto achieved a negative net result of 2.430 million euros (ME) in the 2022/23 season, a “small decrease” of 265,000 euros compared to the negative 2.695 ME in the previous season, the runner-up reported this Sunday .
According to the report and accounts published this Sunday on the club’s official website, the Dragons increased their operating profit from 13,622 to 15,616 ME, an insufficient amount to cover the increase in expenses, from 16,525 to 18,536 ME, which led to operating results will “fall” slightly from negative 2903 million US dollars to 2920 million US dollars.
Assets decreased to 68,023 ME from 71,700 ME recorded on June 30, 2022, while liabilities increased from 36,709 ME to 35,533 ME, with no reduction in positive equity, which stood at 34,991 ME compared to 32,490 ME previously season.
Author: Lusa
Source: CM Jornal
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