TransContainer net profit down 9.9% to RUB 3.85 bln in Jan-Sep’13

In January-September 2013, net profit of TransContainer OJSC calculated under Russian Accounting Standards totaled RUB 3.852 bln (-9.9%, year-on-year), the company states.

In the accounting period, the revenues dropped by 2.2% to RUB 24.431 bln, EBITDA – by 9.1% to RUB 7.235 bln.

TransContainer OJSC operates as a subsidiary of Russian Railways OJSC from July 2006. The company owns 46 terminals in Russia’s major freight centres, with its branches covering the entire Russian railway network. The company’s major shareholder is Russian Railways with 50% +2 shares. FESCO holds 23.7%, European Bank for Reconstruction and Development 9.25%, Transfingroup CJSC 5.1%.  In 2012, container transportation by the rolling stock of TransContainer OJSC increased by 8.9% to 1.48 mln TEUs.