On December 10, Sergey Nikulin, CEO of Joint Stock Irtysh Shipping Company, increased his equity position in the company to 0.56% from 0.42%, IRSC informed.
His holding of the shipping company's common shares increased to 0.75% from 0.56%.
It will be recalled that several Board Directors of IRSC reduced their equity positions and their holdings of the company's common shares.
In particular, Ivan Yanovsky, Chairman of the Board of Directors, reduced his equity position to 0.08% from 11.03%, his share package decreasing to 0.11% from 13.27%. Board Directors Vladislav Rachek, Alexander Mikhailov and Elena Mishchenko sold their equity stakes (5.42%, 2.37%, and 7.3%, respectively).
Besides, Tatyana Rachek (not a member of the company's Board of Directors) sold her 5.27% stake.
Joint Stock Irtysh Shipping Company (IRSC, tax number: 5508000306) was established by means of restructuring state-owned enterprise Irtyshskoye Rechnoye Parokhodstvo (Order of the Red Banner of Labor). The company has four branches: Omsk shipbuilding and ship repair works, port Bolsherechye, Tarsky port, training and health center.
According to the information and retrieval system DataCapital, RAS net profit of IRSC for 9 months 2013 (RAS) increased 57.66-fold to RUB 130.725 million from RUB 2.267 million the year before. Revenue grew by 28.36% to RUB 777.86 million from RUB 605.998 million, sales profit 11.86-fold to RUB 154.972 million from RUB 13.068 million, pre-tax profit 30.95-fold to RUB 166.099 million from RUB 5.366 million.