Freight One RAS net profit rises by 43% to 38 bln rbl in 2022

MOSCOW, May 2 (PRIME) -- The net profit of railway cargo operator Freight One, part of Russian billionaire Vladimir Lisin’s Fletcher Group, grew by 42.7% to 38.382 billion rubles in 2022, as calculated under Russian Accounting Standards (RAS), the company said in a report on Tuesday.

Revenue grew by 16.2% to 105.769 billion rubles, the gross profit doubled to 49.173 billion rubles, and the sales profit increased by 55.8% to 39.939 billion rubles.

Long-term liabilities fell by 8.7% to 43.348 billion rubles, while short-term liabilities rose by 17.8% to 217.95 billion rubles.

(80.5093 rubles – U.S. $1)

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