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23/04/2014
14:45
RZHD relies to increase share capital.

Apr. 15 the government as the one holder of Russian Railway decided to increase the share capital by 12.974bn rub. through the allocation of an additional common stock issue, the company informed.

This decision is aimed to develop the transport complex in Moscow region (1.584bn rub.); Mezhdurechensk-Taishet infrastructure (8.453bn rub.); Krasnodarsky railway node (2.917bn rub.) etc.

The additional issue includes 12973678 common stocks of 1ths rub. par placed through the close offering in favor of the government.

Russian Railways (TIN 7708503727) was set up in 2003 on the basis of the communications ministry. 100% are held by the state; the network covers 85.5ths km.

The 2013 net profit (RAS) rallied down 19.07 fold to 740mln rub. from 14.11tril rub. prior year; revenues added 0.77% to gain 1.377tril rub. from 1.366tril rub.; profit from sales being down 12.81% to 58.78bn rub. from 67.415bn rub.; pretax profit - 3.41 fold to 19.399bn rub. from 66.153bn rub.

The IH 2013 net profit (IAS) rallied down 2.3 fold to 31.69bn rub. from 73bn rub.; revenues moved up 13.4% to 841.8bn rub. due to the consolidation of GEFCO in IH 2013; logistic revenues gained 85.7bn rub. vs. 3.5bn rub. prior year.




"AK&M", 14:42, 22.04.2014 1251 AKM,COR

 

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