Net loss of JSC Baltic Shipyard for the 9 month period of this year ended Sept, 30 decreased according to Russian Accounting Standards (RAS) by 10.6 times compared with the same period of 2009, to 9,767,000 rubles, the company’s financial statement said.
Revenue in January-September amounted to 673,465,000 rubles, or 4.8 times lower of proceeds in the 9 moth period a year earlier.
JSC Baltic Shipyard and Machine Building Plant founded in 1856 is a biggest and leading ship and machine building enterprise in Russia. The company specializes in the construction of warships, large merchant vessels for transportation of various goods and diesel- / nuclear-powered ice-breakers. The shipbuilder is also engaged in construction of passenger ships Ro-Ro and Ro-Pax, chemical tankers, bulk cargo carriers, etc. Net loss of Baltic Shipyard under RAS in 2009 decreased by 45.2 times year-on-year to 22 million 449 thousand rubles. Annual revenues of the company shrank by 10.6% y-o-y, to 3,578,771,000 rubles.
JSC Baltic Shipyard and Machine Building Plant founded in 1856 is a biggest and leading ship and machine building enterprise in Russia. The company specializes in the construction of warships, large merchant vessels for transportation of various goods and diesel- / nuclear-powered ice-breakers. The shipbuilder is also engaged in construction of passenger ships Ro-Ro and Ro-Pax, chemical tankers, bulk cargo carriers, etc. Net loss of Baltic Shipyard under RAS in 2009 decreased by 45.2 times year-on-year to 22 million 449 thousand rubles. Annual revenues of the company shrank by 10.6% y-o-y, to 3,578,771,000 rubles.