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2010 November 13   14:46

Petrolesport doubles net income in Jan-Sept, to RUB759.8m

Net income of Petrolesport (St. Petersburg, part of Global Ports) according to Russian Accounting Standards for the 9 months period of 2010 ended Sept. 30 surged 2.3 times as much from the same period last year, to 759 million 821 thousand rubles, the company’s statements said.
Revenue for the reporting period totaled 2,544,675,000 rubles,  up 24.7% as compared with the last year’s results.

St. Petersburg-based Petrolesport (PLP JSC), part of Global Ports Group, is a stevedoring company operating at the Big Port of St. Petersburg. The company provides services for handling a broad range of goods (refcontainers, Ro-Ro cargo, timber, general cargo). PLP JSC is a leading company in container handling in the North-West region of Russia.
 
Global Ports Investments Plc (GPI) is a group of companies of leading Russian container terminal operators. GPI is included in the N-Trance Group, the largest private operator on the transport market in Russia, CIS and Baltic countries.

GPI terminals are located in the Baltic and the Far Eastern basin. GPI manages three Russian container terminals (Petrolesport, Moby Dick in St. Petersburg and the Eastern Stevedoring Company at the port of Vostochny) and two container terminals in Finland (Multi-Link Helsinki, Multi-Link Kotka). Currently, GPI is implementing a project to develop a Yanino dry terminal near St. Petersburg.

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