Net profit “the TransContainer” on RSBU for 2015 fell 2.1 times to 1.9 billion rubles

MOSCOW, February 17. Net profit of PJSC “TransContainer” according to Russian accounting standards (RAS) for 2015 decreased compared with the same indicator 2014 in 2,1 times – up to 1,850 billion. This is stated in the message of the company.

Revenue in TransContainer increased by 16.3 percent to 42,342 billion rubles, sales profit fell by 35.6% to RUB 2,551 billion Revenue, adjusted for the cost of services of subcontractors decreased by 1.1% to 20,259 billion rubles amid falling traffic volumes, the rolling stock of the company by 5.3%.

EBITDA for the reporting period decreased by 32.2% to 5,576 billion rubles.

The company’s assets on December 31, 2015 $ 45,234 billion rubles of Net debt compared to December 31, 2014 decreased by 20.6% to 3.4 billion rubles.

“TransContainer” in the conditions of unfavorable macroeconomic and market conditions in 2015 increased its share on the Russian market of container transportation up to 47% compared with 45.6% a year earlier, the report says.

PJSC “TransContainer” operates over 27 thousand of fitting platforms, over 64 thousand containers and cargo owns 46 terminals located throughout the railway network of Russia, manages a container terminal on the border of Slovakia and Ukraine, and controls 50% of the largest container operator of Kazakhstan JSC “Kedentransservice”. “Russian Railways” owns 50% plus two shares in TransContainer (the company contributed a package to the United transport and logistic company), FESCO transportation group – 24.1 per cent, the European Bank for reconstruction and development – 9.25% p, structures NPF “Welfare” – 10,29%.