Net profit of Far Eastern Shipping Company down 2.1 times to RUB 612 mln in 9M’13

In January-October 2013, net profit of Far Eastern Shipping Company calculated under Russian Accounting Standards made RUB 612 mln, down 2.1 times, year-on-year, the company announced.

In the accounting period, the revenue dropped by 33% to RUB 1.07 bln. 

OJSC Far Eastern Shipping Company is the basic company of FESCO Transportation Group. It specializes in transportation of dry bulk and general cargo. The company’s fleet transports cargo all over the seven seas. Summa and GHP Groups indirectly own 49.99% and 23.75% of FESCO shares.