PJSC TransContainer reports its Financial Results under IFRS for the first quarter of 2018
PJSC “TransContainer” (“TransContainer” or the “Company”) today publishes its unaudited interim condensed financial statements prepared in accordance with the International Financial Reporting Standards (“IFRS”) for the first quarter of 2018.
In the reporting quarter, the Company’s net profit grew by 7.5% year-on-year to RUB 1,146 million compared to RUB 1,066 million a year earlier. The net profit margin remained flat at 17.2%.
The Company’s total revenue for reporting quarter amounted to RUB 16,493 million, up 17.3% on year on year. Adjusted revenue (net of subcontractors’ charges) grew by 10.5% year on year to RUB 6,646 million respectively at the back of an increase in profit-making transportation volumes by the Company’s A specialised type of rolling stock designed to carry ISO containers.
flatcar and Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
container fleet by 5.3%. The EBITDA increased by 9.9% year-on-year to RUB 2,353 million, the adjusted EBITDA margin was 35.4%.
As of 31 March 2018 the Company’s assets amounted to RUB 61,649 million, gross debt was RUB 11,064 million, net debt (gross debt less cash, cash equivalents and short-term investments) amounted to RUB 372 million.
The Company’s financial accounts under IFRS are available at:
2017 Annual Report
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