Net income of Primorsk Trade Port LLC. for financial year 2011 according to Russian Accounting Standards (RAS) rose 29 percent year-over-year, RUB to 2,191,293,000, the Company said on Monday.
Annual revenues surged by 35.4 percent from a year earlier, RUB 6,412,450,000.
Primorsk Trade Port LLC is the largest stevedore operating at the Port of Primorsk, the major Russian oil port and the terminus of the Baltic Pipeline System, enabling bulk of crude oil exports in the North-West of Russia..