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03/03/2014
16:53
Russian Railways' freight handling up 0.3% to 189.5 Mio tonnes in Jan-Feb 2014

According to preliminary data, freight handling across the railway network of JSC Russian Railways for January-February increased by 0.3% year-on-year to 189.5 million tonnes, the company informed.

Freight turnover increased by 5.9% to 362.6 billion tariff tonne-kilometers, freight turnover with empty runs factored in by 7.5% to 470.4 billion tonne-kilometers.

In February 2014 alone, the company's freight hanlding decreased by 0.6% to 93.3 million tonnes. Freight turnover went up 4.4% to 171.3 billion tariff tonne-kilometers, freight turnover with empty runs factored in by 5.7% to 222.6 billion.

JSC Russian Railways (tax number: 7708503727) was established on November 1, 2003 on the basis of the Ministry of Railway Communication. The state holds 100% of the company's shares which owns a railway system stretching for 85.5 thousand km. The company's authorized capital is RUB 1.827 trillion.

IFRS net profit of the company for 2012 dropped 2.2-fold to RUB 78.262 billion from RUB 169.588 billion in 2011. Revenue increased by 4.1% to RUB 1.54 trillion from RUB 1.479 trillion. Operating profit (before subsidies from the federal and local budgets) was RUB 72.038 billion, EBITDA decreased by 8.9% to RUB 319 billion from RUB 350 billion, EBITDA margin to 21% from 24%.

According to the DataCapital information retrieval system, RAS net profit of JSC Russian Railways for 9 months 2013 decreased 9.37-fold to RUB 4.258 billion from RUB 39.881 billion the year before. Revenue grew by 0.19% to RUB 1.022 trillion from RUB 1.02 trillion, sales profit decreased by 32.64% to RUB 62.476 billion from RUB 92.751 billion, pre-tax profit 3.24-fold to RUB 24.458 billion from RUB 79.242 billion

"AK&M", 03.03.2014

 

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