Net profit of Volga Shipping OJSC (Nizhnii Novgorod) increased by 28.4% (to RUR581.193 mln) under Russian Accounting Standards (RAS) within 9 months, 2009 as compared to the corresponding period figures of 2008, as of accounting data of the enterprise. .
Company’s income in January-September, 2009 decreased by13.6% (to RUR2 bln 960.761 mln) against corresponding period of 2008.
It was pointed out in the company that income increase was connected with seasonal character of work: main part of the shipping company income traditionally falls onto QIII.
Volga Shipping OJSC was established in 1843. It is one of Russia’s largest shipping companies specialized in cargo and passenger transportation by rivers and lakes of the country. The company’s fleet numbers some 250 passenger and cargo sea-and-river going vessels. In 2008, Volga Shipping vessels carried 6.9 million tons of cargo and 454,000 thousand passengers.
Company’s income in January-September, 2009 decreased by13.6% (to RUR2 bln 960.761 mln) against corresponding period of 2008.
It was pointed out in the company that income increase was connected with seasonal character of work: main part of the shipping company income traditionally falls onto QIII.
Volga Shipping OJSC was established in 1843. It is one of Russia’s largest shipping companies specialized in cargo and passenger transportation by rivers and lakes of the country. The company’s fleet numbers some 250 passenger and cargo sea-and-river going vessels. In 2008, Volga Shipping vessels carried 6.9 million tons of cargo and 454,000 thousand passengers.