Net profit of Tuapse Commercial Seaport up 2.4 times to RUB 412.67 mln in Jan-Sep’14

In January-September 2013, net profit of Tuapse Commercial Seaport surged 2.4 times, year-on-year, to RUB 412.67 mln. According to the company materials, the revenue increased by 38% to RUB 2 bln 172.3 mln.

Tuapse Commercial Seaport OJSC is the main operator at the port of Tuapse, one of Russia’s largest ports. It is a part of UCL Port, stevedoring division of international transport group UCL Holding. UCL Port also consolidates OJSC Sea Port St. Petersburg, CJSC Container Terminal Saint Petersburg, Universal Handling Terminal LLC based in North-West of Russia, and Taganrog port in the South. In 2013, the port handled 12.3 mln t of cargo.