• 2012 May 15 14:47

  SASCO reports Q1 net loss of RUB 45.28m

  

  The net loss of Sakhalin Shipping Company (SASCO) for the first quarter of 2012 according to Russian Accounting Standards (RAS) was RUB 45.28 million against net profit of RUB 36.64 million a year earlier, the Russian shipping company said.

  Revenue for the period increased by more than 1.5 times from Q1, 2011 to 981.53 million rubles.

  OJSC Sakhalin Shipping Company (SASCO) is one of the largest shipping companies in Russia. SASCO operates a fleet of ice-class vessels capable of carrying a wide range of cargoes: containers, general cargo, equipment, suction and grab bulk cargo, timber and wood products. The company provides year-round transportation from the ports of De-Kastri, Vanino and Sovetskaya Gavan.

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