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2008 November 5   08:28

OJSC "NMTP" increases net profit to RUR 2.66 bln in Jan-Sep 2008

Net profit of OJSC "Novorossijsk Sea Commercial Port" (NMTP) reached RUR 2,066,600,000 in January-September, 2008, which by 28.8% exceeds the figure of the same period of the last year, the company informes.
Company’s revenue grew by 25.5% to RUR 5.909 bln in the reported period.
The basic growth of the revenue in the 3rd quarter of the year caused by change of handled cargoes structure, and also by establishment of tariffs for cargo handling works for a number of cargoes, it is stressed in the message.
OJSC "Novorossijsk Sea Commercial Port" is the largest stevedoring company operating in the territory of Novorossijsk port. The Holding includes seven largest stevedoring and service companies of Novorossijsk and Kaliningrad region: OJSC "NMTP", OJSC "Novoroslesexport”, OJSC IPP, OJSC “Novorossijsk Grain Terminal”, OJSC “NMTP Fleet”, OJSC “Novorossijsk ship-repair factory” and LLC “Baltic Stevedoring Company”. In terms of throughput OJSC "NMTP" Holding occupies the 1 place in Russia, the 7th place in Europe and the 39th place in the world.

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