June 30 the federal property agency as the one holder of Sovkomflot decided to increase the share capital by 280.957mln rub. through an additional stock issue, the company informed.
280956743 common stocks of 1 rub. par will be placed through the open offering at the price affirmed by BOD.
Sovkomflot Group is the largest shipping company in Russia and one of the leading in the world in the sphere of the hydrocarbons shipment. It provides services in the shelf prospecting and extraction of the crude oil/gas. The Company keeps 159 ships of 12mln ton in deadweight. Sovkomflot participates in large energetic projects including Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoe, Tangguh, Escobar, Peregrino. The Company is registered in St.Pb. and has representations in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Madrid etc.
The IQ 2014 net profit rallied up 29.8 fold (IAS) to $58.146mln from $1.952mln prior year period; revenues boosted 16.57% to $365.067mln from $313.163mln; operating profit - 2.93 fold to $90.506mln from $30.886mln; pretax profit - 15.2 fold to $59.889mln rub. from $3.94mln; EBITDA being up 65.7% to $153.6mln from $92.7mln prior year.
The 2013-net profit (RAS) plunged 39.88% to 635.043mln rub. from 1.056bn rub.; revenues declined 11.22% to 1.779bn rub. from 2.004bn rub.; profit from sales - 31.58% to 858.828mln rub. from 1.255bn rub.; pretax profit - 39.28% to 704.404mln rub. from 1.16bn rub.