Net income of JSC Moscow River Shipping Company (MRSC) according to Russian Accounting Standards (RAS) in the first half of 2011 increased as much as 3.8 times year-on-year, to RUB 3 792 000, the company said.
Revenues of the company increased by 24.6% to RUB 114 837 000.
JSC Moscow River Shipping Company is one of the leading companies that offers cargo and passenger transportation on inland waterways of the Russian Federation. The company operates a fleet of 150 cargo ships and over 60 passenger vessels. The Company’s net income for 2010 totaled RUB 18 965 000, revenue – RUB 289 326 000.