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2009 November 10   12:46

Net profit of Commercial Seaport of Magadan down by 7.8 times, Q I-III 2009

Net profit of Commercial Seaport of Magadan OJSC decreased by 7.8 times (to RUR 592 thousand) under Russian Accounting Standards (RAS) Q I-III, 2009 against corresponding period of 2008, as of the information provided by accounting department. Company’s income reduced insignificantly by 0.56% (to RUR 193.9 mln).

Commercial Seaport of Magadan OJSC is a leading stevedoring company in the territory of port of Magadan. The port is the largest one in the Russian North-East it provides transhipment of 90% of cargo in Magadan region including “north-delivery” Cargo turnover of Seaport of Magadan decreased by 4% (to 554 thousand tons) QI-III, 2009 against 2008 figures of the corresponding period.  

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