In February 2013, cargo turnover across the railroads of OJSC Russian Railways decreased by 3.2% to 93.9 million tonnes against February 2012, Russian Railways informed.
Since the start of 2013, turnover of raw and molding materials decreased by 5.6% to 4.1 million tonnes, by 5.1% to 437.3 billion tonne-kilometers with empty runs factored in.
According to real-time data, rail freight handling in January-February 2013 dropped by 4.8% YoY to 189 million tonnes.
OJSC Russian Railways (tax number: 7708503727) was established on October 1, 2003 on the basis of the Ministry of Railway Communication. The state owns 100% of the company's shares which owns a railway system stretching for 85.5 thousand km.
IFRS net profit of Russian Railways for H1 2012 increased by 11% year-on-year to RUB 74 billion against RUB 67 billion the year before. Revenue increased by 5% and was RUB 745 billion against RUB 710 billion for H1 2011. Operating profit of the holding (before subsidies from the federal and local budgets) totaled RUB 86 billion EBITDA increased by 13% to RUB 211 billion.
According to the information and retrieval system DataCapital, net profit (RAS) of Russian Railways for 9 months 2012 decreased by 29% to RUB 39.881 billion from RUB 56.075 billion the year before. Revenue grew by 6% to RUB 1.02 trillion from RUB 962.286 billion, GP by 11.16% to RUB 92.824 billion from RUB 83.505 billion, pre-tax profit decreased by 12.3% to RUB 79.242 billion