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2016 November 10   11:08

RAS 9M’16 net profit of NCSP Group up 8.7 times to RUB 26.31 billion

Net profit of NCSP Group in January-September 2016 calculated under Russian Accounting Standards (RAS) reached RUB 26.31 billion, up 8.7 times, year-on-year, the Group's statistics showed.

Revenue for 9M’16 increased by 17.8% to 20.77 billion rubles.

NCSP Group is the largest Russian port operator by cargo volumes. Shares of PJSC "NCSP" are listed on the Moscow Stock Exchange (ticker NMTP), as well as on the London Stock Exchange in the form of GDRs  (ticker: NCSP). In 2015 cargo throughput of NCSP Group was 139.7 million tonnes. Consolidated revenue of the Group for 2015 under IFRS was $877 million. EBITDA – $ 657 million. The NCSP Group incorporates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.

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