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2009 November 19   11:36

Net profit of Posyet Commercial Seaport OJSC (Primorskiy Kray) up 65.5%, Q I-III 2009

Net profit of Posyet Commercial Seaport OJSC (Primorskiy Kray) under RAS increased by 65.5% (to RUR287.280 mln) in QI-III, 2009 as compared to the 2008 corresponding reporting period. Company’s income amounted to RUR561.523 mln (+32,3%) in January-September, 2009 against the corresponding period of 2008. Increase of financial indicators in related to growth of handling operations and currency exchange rate increase.

Posyet port is open for vessels flying Russian and foreign flags. It is linked to the main Trans-Siberian railway which allows delivering cargo ex any point of the country. Berth depths enable to receive vessels of up to 9.5 m gauge.  Mechel-Trans LLC holds 96.9421% of ordinary shares of Posyet Commercial Seaport OJSC. Net profit of Posyet Commercial Seaport OJSC increased by 28.3% (to RUR149.55 mln) Q I-II, 2009 against the profit of 2008 reporting period.

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