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2009 November 10   08:10

PRISCO net profit up by 49% under RAS, Jan.-Oct. 2009

Net profit of JSC Primorsk Shipping Corporation (PRISCO) increased by 49% (to RUR100.025 mln) under Russian Accounting Standards (RAS) within 9 months, 2009 as compared to the corresponding period of 2008, as of information provided by accounting department. The corporation income decreased by 4 times (to RUR89.559 mln) within 9 months, 2009.

JSC Primorsk Shipping Corporation (PRISCO) is a specialized tanker company carrying out sea-freight of liquid cargo all over the world. Ice-class vessels make up the main part of the fleet. Here belong heavy-tonnage vessels equipped for work in freezing seas. PRISCO carries out commercial and technical management, agency services and training qualified specialists in sea transport and gas-and-oil producing industry. The company currently operates 19 tankers of overall deadweight 1.78 mln tons. Average age of PRISCO’s tankers is a bit over 2 years.

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