PJSC TransContainer reports its Financial Results under Russian Accounting Standards for the 1st quarter of 2016
The Company’s net profit increased 1.8% year-on-year to RUB 527 million. If compared with 4th quarter of 2015 the net profit was up by 41.2%. The net profit margin increased from 10.1% in the 1st quarter of 2015 to 11.5% in the reporting period.
The total revenue of the Company from January to March 2016 increased by 10.0% year on year to RUB 10,980 million, while the adjusted revenue (total revenue less subcontractors’ fees under the integrated A form of payment for sea transportation of cargo, or the use of a ship for a certain period of time. Freight payment is determined by the volume of cargo delivered to the destination
or by the volume of cargo loaded onto the ship.
freight forwarding and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
logistics services) decreased by 10.1% year on year to RUB 4,592 million on the back of a 9.7% decrease in transportation volumes. Adjusted operating expenses decreased by RUB 329 million or by 7.7% on year-on-year basis. The EBITDA in the reporting period totaled RUB 1,429 million compared to RUB 1,510 million in the first three month of 2015.
Company’s total assets were RUB 45,505 million as of 31 March 2016 while the total debt was RUB 5,071 million. The net debt (the total debt less cash, cash equivalents and short-term investments) was RUB 2,429 million, down 28.4% as compared to the net debt as of 31 December 2015.
TransContainer’s financial accounts under Russian аaccounting Standards are available at