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            september 22, 2019

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Busworld 2019

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Indiaexportnews.com

TransContainer announced H1 results

  22.08.2019    

The total revenue of TransContainer, the leading intermodal container transportation company in Russia, for the six months of 2019 increased to RUB 41,472 million, up 17.4% year-on-year. Adjusted revenue  grew by 32.0% year-on-year to RUB 18,537 million, largely as a result of an 11.2% increase in revenue-generating  container transportation volumes. Adjusted operating expenses  for the first half of 2019 were up 11.0% year-on-year to RUB 11,104 million.
For the first six months of 2019, the company’s operating profit totaled RUB 7,942 million, while net profit grew to RUB 6,067 million, up 90.1% year-on-year.
As of 30 June 2019, the company’s assets stood at RUB 66,483 million; the total debt, primarily represented by two outstanding Rouble-denominated bond issues, amounted to RUB 11,828 million.
In the first half of 2019, container transportation volumes managed by TransContainer grew by 7.1% to 1,002 thousand TEU. At the same time the company's revenue-generating container transportation volumes in Russia increased by 11.2% year-on-year to 804 thousand TEU. Higher growth rate of revenue-generating container transportation volumes as compared to transportation volumes managed by the company, was mainly due to the empty run optimisation.



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