Global Ports IFRS net profit doubles to $54 mln in January–June

MOSCOW, Aug 19 (PRIME) -- The net profit of Russian stevedore company Global Ports more than doubled on the year to U.S. $53.9 million in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Revenue increased by 24.6% to $229.8 million.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), grew 8.5% to $113.8 million.

For further details, see the company’s statement on its official website:

https://www.globalports.com/en/investors/reports-and-results/

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