The 2008-net profit of TransContainer as OAO RZD sub rose 75% to reach 2.68 bln rubles against 1.53 bln rub. prior year.
The growth was prompted by the rise in the containers traffic. The planned figures of the net profit in 2008 were exceeded. In IVQ the net profit declined 70.73 % to 313.843mln rub. from 1.072bn rub. prior quarter. The cutdown in the net profit was prompted by the seasonal growth of expenses and revenues due to the worsened economic situation in Russia, AK&M reports according to RZD-Partner.
The growth was prompted by the rise in the containers traffic. The planned figures of the net profit in 2008 were exceeded. In IVQ the net profit declined 70.73 % to 313.843mln rub. from 1.072bn rub. prior quarter. The cutdown in the net profit was prompted by the seasonal growth of expenses and revenues due to the worsened economic situation in Russia, AK&M reports according to RZD-Partner.