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09/02/2018
16:01
Zabaikal Railways increased cross-border freight handling in January

In January 2018, Zabaikal Railways (operating as a branch of JSC Russian Railways) transported 1.6 million tonnes of foreign trade cargoes through the Zabaykalsk border checkpoint, 17.1% above the result achieved for the same period in 2017, the press service of Zabaikal Railways informed.

In particular, exports to China from Russia increased by 20.1% to 1.5 million tonnes, the main export items being timber cargoes (689.7 thousand tonnes, -7%), coal (407.6 thousand tonnes, up more than twice), ore (133.4 thousand tonnes, +76.1%), mineral fertilizers (123.8 thousand tonnes, -10.9%), pulp (20.9 thousand tonnes, -58.5%).

Imports into Russia from China decreased by 14.3% to 104.6 million tonnes, the main import items being construction cargoes (10.4 thousand tonnes, +25.3%), metalware and equipment (7.2 thousand tonnes, +81.5%), chemical cargoes (4.3 thousand tonnes, +33%), ferrous metals (4.2 thousand tonnes, up almost twice), food cargoes (2.3 thousand tonnes, -59.2%).

JSC Russian Railways (tax number: 7708503727) was established on October 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 2.212 trillion.

IFRS net profit of JSC Russian Railways for H1 2017 grew by 18.89% to RUB 53.323 billion from RUB 44.851 billion for the same period in 2016. Revenue increased by 4.05% to RUB 1.082 trillion from RUB 1.04 trillion, operating profit (including subsidies) by 34.77% to RUB 118.089 billion from RUB 87.62 billion, pre-tax profit by 17.22% to RUB 77.713 billion from RUB 66.299 billion. EBITDA went up 11.2% to RUB 245 billion from RUB 220 billion, EBITDA margin to 25.4% from 24.5%.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of Russian Railways for 9 months 2017 grew by 61.83% to RUB 54.807 billion from RUB 33.868 billion for the same period in 2016. Revenue increased by 7.16% to RUB 1.254 trillion from RUB 1.171 trillion, sales profit by 30.63% to RUB 133.565 billion from RUB 102.248 billion, pre-tax profit by 41.59% to RUB 85.107 billion from RUB 60.109 billion.

"AK&M", 09.02.2018 11:45

 

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