In the second quarter of 2008, net profit of Vladivostok Sea Fishing Port OJSC amounted to RUR 1.799 mln (+165.7% against RUR 677,000 in Q1 08 ), the company’s materials read. VSFP asset value grew by 27.82% tot RUR 1.397.936 bln.
Vladivostok Sea Fishing Port was founded in 1918. It was incorporated in 1994. The port is locating on 10 berths (of depths from 9.8 up to 12.4 m.) on southern coast of a nonfreezing Gold Horn Bay. Extent of moorings – 2,020 meters. The general area of port consists of more than 323.7 sq.m. Apart from fish products handling the port is capable of handling timber, metal, fertilizers, cellulose, combustive-lubricating materials, etc. There are three covered warehouses for products, cellulose, cardboard, packages, fertilizers and other dry cargoes. It is possible to place up to 400 thousand tons of various cargoes at the open storage spaces on the berths. Annually the port handles some 20,000 wagons. In 2007, the company’s net profit amounted to RUR 2.358 million.