TransContainer RAS net profit more than doubles in Jan-Sep
MOSCOW, Oct 24 (PRIME) -- The net profit of container shipping company TransContainer more than doubled on the year to 4.958 billion rubles under Russian Accounting Standards (RAS), the company said in a statement on Tuesday.
“The company’s financial position was positively impacted by growing transportation volumes and improved operating efficiency,” the statement read.
The net income margin grew to 25.4% from 14.7% in the same period of 2016.
Revenue increased 30.5% on the year to 47.937 billion rubles. Earnings before interest, tax, depreciation and amortization (EBITDA) surged 75.6% to 8.812 billion rubles.
Assets amounted to 49.999 billion rubles as of September 30.
For further details, see the company’s statement on its official Web site:
(57.4706 rubles – U.S. $1)
End