Net profit of Tuapse Commercial Seaport up 1.5% to RUB 1.67 bln in HI’2016

In January-June 2016, net profit of Tuapse Commercial Seaport totaled RUB 1.67 bln, up 1.5%, year-on-year, the company says.

The company’s revenue increased by 24.4% to RUB 3 bln. 

OJSC Tuapse Commercial Seaport (TCSP) is the major operator at the port of Tuapse, one of Russia’s largest ports. TCSP is part of UCL Port, a stevedoring division of international transport group UCL Holding. UCL Port comprises 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 2015, Tuapse Commercial Seaport handled 14.7 mln t of cargo.