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2010 November 15   10:12

MCSP posts net income of RUB 247,6m for Jan-Sept, 2010.

Murmansk Commercial Seaport (JSC MCSP), announced financial results for the 9 months period ended Sept, 30, 2010. Net income of the Company according to Russian Accounting Standards decreased by 3.4 times from the same period of 2009  to 247,601,000 rubles, the MCSP’s report said. Revenue in January-September made up 2,095,906,000 rubles, or 20% down from last year’s figures. The changes in revenue were driven by decline in freight turnover, the company said.

OJSC Murmansk Commercial Seaport was founded in 1994. The company operates at 17 berths of total length of about 3,000 meters and depth that allow handling of 265m-long, 15,5m-breadth vessels. In 2009, Murmansk Port’s cargo throughput was over 15.1 million tons.

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