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2010 April 29   08:26

Kaliningrad Port’s net income up 3.3 times, to RUB6.663m for 2009

Kaliningrad Commercial Sea Port’s financial results for 2009 show net income (RAS) surge 3.3 times as much over the 2008’s numbers, to 6,663,000 rubles, the Company press release said. KCSP’s 2009 revenues dropped twofold, to 498.112 million, sales revenue shrank by 42% to 74.351 million rubles.

Kaliningrad Commercial Sea Port OJSC is part of the regional port complex. Kaliningrad Port is the hub for transport facilities and major export/import freight flows passing through the region. In 2009 the throughput of the stevedoring company totaled 2,186,100 tons, down by 2,2 times from the previous year.

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