Net profit of Commercial Port of Vladivostok for 9M’19 totaled RUB 4.64 billion, up 38.7% YoY
Net profit of Commercial Port of Vladivostok PJSC (FESCO Group) for January-September 2019 calculated according to Russian Accounting Standards (RAS) totaled RUB 4.64 billion, up 38.7%, year-on-year, the company says in press release.
CPV revenue grew by 20% to RUB 9.99 billion.
Commercial Port of Vladivostok PJSC (part of FESCO Transportation Group) is a stevedoring company in the Russian Far East. The Company offers services on transshipment of container/general/bulk/Rо-Rо cargoes. Annual throughput capacity of the port is 5 million tons of general cargo and oil products, 150,000 vehicles and over 600,000 TEU of containerized cargo. Commercial Port of Vladivostok operates 15 berths with a total length exceeding 3.2 km.
The port services 15 regular international and short-sea lines linking Vladivostok with 8 countries and other regions of Russia’s Far East.
FESCO is one of the leading public transportation and logistics companies in Russia with operations in ports, rail, integrated logistics and shipping business. Diversified but integrated asset portfolio enables FESCO to provide door-to-door logistics solutions and control almost all steps of the intermodal transportation value chain.