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01/09/2014
16:47
Russian Railways' 8-month freight handling down 1.4% to 808.4 million tonnes

According to preliminary data, freight handling across the railway network of JSC Russian Railways for January-August 2014 decreased by 1.4% year-on-year to 808.4 million tonnes, the company informed.

Freight turnover grew by 5.5% to 1.514 trillion tariff tonne-kilometers, freight turnover adjusted for empty runs by 6.1% to 1.951 trillion tonne-kilometers.

Handling of grain and milled products increased by 44.3% to 9.8 million tonnes, handling of timber freight by 9% to 26.3 million tonnes, hanlding of chemical and mineral fertilizers by 7.1% to 33.3 million tonnes, hanlding of industrial raw products and molding materials by 5.2% to 23.2 million tonnes, hanlding of oil and petroleum products by 2.1% to 170.3 million tonnes, hanlding of ferrous metals by 0.8% to 47.4 million tonnes, coal handling by 0.2% to 202.3 million tonnes.

In August 2014 alone, freight hanlding decreased by 1.5% to 105.8 million tonnes, freight turnover grew by 4% to 191.4 billion tariff tonne-kilometers, freight turnover adjusted for empty runs by 4.3% to 245.4 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 ca. 85,500 km. The company's authorized capital is RUB 1.947 trillion.

IFRS net profit of Russian Railways for 2013 dropped 2.55 times to RUB 36.722 billion from RUB 93.685 billion the year before. Revenue increased by 14.45% to RUB 1.763 trillion from RUB 1.54 trillion, operating profit adjusted for budgetary subsidies decreased by 24.41% to RUB 122.991 billion from RUB 162.716 billion, pre-tax profit 2.33 times to RUB 59.976 billion from RUB 140.036 billion. EBITDA decreased by 6.57% to RUB 332.9 billion from RUB 356.3 billion.

According to the DataCapital information retrieval system, RAS net profit of Russian Railways for H1 2014 decreased 3.63-fold to RUB 2.267 billion from RUB 8.238 billion for the same period in 2013. Revenue increased by 1.21% to RUB 686.255 billion from RUB 678.038 billion, sales profit decreased by 17.13% to RUB 46.116 billion from RUB 55.648 billion, pre-tax profit by 32.84% to RUB 15.925 billion from RUB 23.713 billion.


"AK&M", 01.09.2014 12:15

 

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