PJSC TransContainer reports its Financial Results under Russian Accounting Standards for the first nine month of 2016
PJSC TransContainer PJSC TransContainer reports its Financial Results under Russian Accounting Standards (RAS) for the first nine months of 2016.
For the reporting period the Company’s net income increased by 49.6% year on year to RUB 2,210 million. The net income margin grew from 9.7% for the first nine months of 2015 to 14.0% for the reporting period. The net income growth was impacted by an increase in 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 widened range of rail transportation services and by cost control.
The Company’s total revenue under RAS for the first nine months of 2016 amounted to RUB 36,722 million, up 18.9% year on year. 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) increased by 3.6% year on year to RUB 15,760 million. The Company’s EBITDA grew by 16.4% from RUB 4,310 million for the first nine months of 2016 to RUB 5,017million for the reporting period.
As of 30 September 2016 the Company’s assets amounted to RUB 51,252 million, gross debt was RUB 8,814 million, net debt (gross debt less cash, cash equivalents and short-term investments) turned to negative RUB 102 million.
TransContainer’s financial accounts under Russian аccounting Standards are available at