TransContainer published its IFRS results for the 9 months of 2013
JSC “TransContainer” today published its financial results for the nine months of 2013.
Company’s total revenue for the first half of 2013 increased by 5.3% to RUR 28,793 million as compared to the same period of 2012, operating profit increased by 2.7% to RUR 6,114 million, EBITDA amounted to RUR 7,837 million, down 4.8% year on year, while the profit for the period increased by 8.9% year on year to RUR 4,666 million.
Company’s total assets were RUR 49,319 million, Company’s equity was RUR 31,183 million as of 30 September 2013.
The TransContainer’s key financial indicators were affected by still challenging market situation in Russian 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 segment, partially offset by the Company’s management efforts aimed at costs optimization, especially For containers - transporting an empty container on a flatcar, for flatcars – a flatcar run without container(s) or any non-container cargo.
empty run costs, as well as successful development of the Company’s operations in Kazakhstan and Central Asia through the Kazakh subsidiary Kedentransservice.
Consolidated IFRS accounts of JSC TransContainer for the nine months of 2013 are available at: