In the first quarter of 2009, net profit of Far East Shipping Company OJSC (basic company of FESCO Transport Group) under Russian Accounting Standard increased 31.8 times to RUR 1.3 bln, the company officially states.
In the reported period, the company’s earnings increased by 11.28% to RUR 1.009 bln.
Far East Shipping Company OJSC is the basic company of FESCO Transport Group. It is a shipping company specializing in transportation of dry bulk and general cargo all around the world. The company’s fleet numbers 67 vessels with total deadweight exceeding 900,000 tonnes.
In the reported period, the company’s earnings increased by 11.28% to RUR 1.009 bln.
Far East Shipping Company OJSC is the basic company of FESCO Transport Group. It is a shipping company specializing in transportation of dry bulk and general cargo all around the world. The company’s fleet numbers 67 vessels with total deadweight exceeding 900,000 tonnes.