IFRS net profit of Taganrog Sea Commercial Port in 1H’19 totaled RUB 38.8 million, up 2.7% Y-o-Y

Taganrog Sea Commercial Port JSC (TagSCP, a company of UCL Holding) announces that its net profit calculated under international Financing Reporting Standards for January-June 2019 totaled RUB 38.8 million, up 2.7%, year-on-year.

In the reporting period, the company’s revenue grew by 3.1% to RUB 283.9 million.

Taganrog Sea Commercial Port JSC (TagSCP, a company of UCL Port, stevedoring division of the international transportation group UCL Holding) is a key stevedoring company operating at the port of Taganrog.  The company operates at the port’s Berths No 1, 2, 3, 4, 5, 7 and 8. In 2018, Taganrog Sea Commercial Port handled 1.25 million tonnes of cargo.