Apr. 3 the Russian government as the one holder of Russian Railways
(RZHD) decided to increase the share capital of the Company through the allocation of an additional stock issue launched in the volume of 25.896bn rub.
After the allocation the share capital should be equal to 2.23tril rub. The issue includes 25896258 common stocks of 1ths rub. par placed through the close offering at par in favor of the government.
It is launched to provide realization of several projects including the development of the railway infrastructure of the Moscow transport node (6.297bn rub.); reconstruction of the Kotelnikovo-Krymskaya sector (9.509bn rub.); building of high-speed railway main Moscow-Kazan (89.811 rub.).; development of Mezhdurechensk-Taishet railway (10bn rub.).
Russian Railways (TIN 7708503727) was set up in 2003 on the basis of the communications ministry. 100% are held by the Ministry of transport; the network covers 85.5ths km. The share capital is equal to 2.212tril rub.
The IH 2017 net profit (IAS) boosted 18.89% to 53.323bn rub. from 44.851bn rub.; revenues moved up 4.05% to 1.082tril rub. from 1.04tril rub.; operating profit - 34.77% to 118.089bn rub. from 87.62bn rub.; pretax profit - 17.22% to 77.713bn rub. from 66.299bn rub.; EBITDA - 11.2% to 245bn rub. from 220bn rub.; EBITDA margin - to 25.4% from 24.5%
The 2017 net profit (RAS) rallied up 2.69 fold to 17.5bn rub. from 6.5bn rub.; revenues - 7.61% to 1.698tril rub. from 1.577tril rub.; profit from sales - 19.48% to 139.999bn rub. from 117.173bn rub.; pretax profit - 20.19% to 52.426bn rub. from 43.621bn rub.
"AK&M", 11:34, 17.04.2018 1251 AKM,COR