Seaport of St.-Petersburg OJSC net profit up by 27.5%, Q I-III 2009

Net profit of Seaport of St.-Petersburg OJSC increased by 27.5% (up to RUR52.56 mln under Russian Accounting Standards) within 9-month period of 2009 as compared to the corresponding period figure of the previous year. As per the official company’s information, company’s net profit amounted to RUR30.9 mln in Q III, 2009.

Seaport of St.-Petersburg OJSC is the largest stevedoring company of the port of St. Petersburg and North-West of Russia. Seaport of St.-Petersburg group of companies manages First Stevedoring Company CJSC, Second Stevedoring Company CJSC, Third Stevedoring Company CJSC, Forth Stevedoring Company CJSC, Multifunctional transhipment complex in Ust-Luga and a number of service companies.