TransContainer reports its financial results under IFRS for the 1st half of 2016
PJSC TransContainer has published its interim condensed financial statements for the 1st half of 2016. The financial statements have been prepared in accordance with the International Financial Reporting Standards (“IFRS”).
The Company’s net income climbed by 36%, year-on-year, to RUB 1.41 bln.
Total revenue of TransContainer increased by 17.5%, year-on-year, to RUB 23.5 bln.
EBITDA surged by 38.5% to RUB 1.8 bln.
Incorporated in 2006, TransContainer is Russia’s leading intermodal container transportation and logistics company, providing comprehensive container transportation and freight management services. With about 60,000 ISO containers and over 25,000 flatcars, the Company manages its fleet on more than 300,000 routes in Russia and abroad, providing a wide range of reliable and tailored container services. Additionally, the Company owns a network of rail-side container terminals located at 46 railway stations in Russia and operates one terminal Dobra in Slovakia. Through its joint venture with Kazakhstan Railways, TransContainer also operates 19 freight terminals in Kazakhstan, including the Dostyk border crossing with China.
