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2009 May 15   06:54

Net loss of North Shipping Company up 3.2 times to RUR 99.6 mln in Q1 09

In the first quarter of 2009, net loss of North Shipping Company OJSC increased 3.2 times to RUR 99.548 mln, the company officially states.

In the reported period, the company’s earnings fell by 22.8% to RUR 686.605 mln.

North Shipping Company OJSC (Archangelsk) was founded in 1870. the company’s authorized capital totals RUR 957,854 divided into 718,390 ordinary and 239,464 preferred shares with nominal value of RUR 1 each. Control stake of NSC (46.003%) is held by Murmansk Shipping Company OJSC, 20% of the shares belong to the state.

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