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NCSP Group's cargo turnover down 2.3% to 140.209 million tonnes in 2018

In 2018, NCSP Group's consolidated cargo turnover decreased by 2.3% against the 2017 level to 140.209 million tonnes from 143.517 million tonnes, the company informed.

Handling of liquid cargoes at NCSP Group's terminals decreased by 5.2%, crude oil handling by 11.4% to 100.541 million tonnes.

Handling of bulk cargoes at NCSP Group's terminals grew by 2.3% to reach 17.584 million tonnes, handling of general cargoes by 8.1% to 14.965 million tonnes.

NCSP Group (Novorossiysk Commercial Sea Port) is Russia's largest port operator. The shares of PJSC NCSP (tax number: 2315004404) are listed on the Moscow Exchange in Russia (under the NMTP ticker) and the LSE as GDRs (under the NCSP ticker). 50.1% of PJSC NCSP shares belong to Novoport Holding Ltd beneficially owned by JSC Transneft and Summa Group. Russia's Federal Agency for State Property Management (Rosimushchestvo) owns 20%, CJSC Transneft Service holds 10.5%, entities of Russian Railways own 5% in NCSP Group.

NCSP Group unites the following stevedoring companies: PJSC Novorossiysk Commercial Sea Port, Primorsk Commercial Port LLC, PJSC Novorossiysk Grain Terminal, JSC Novorossiysk shiprepair yard, PJSC Fleet Novorossiysk Commercial Sea Port (FNCSP), JSC Novoroslesexport, IPP (OJSC), Baltiysk Stevedoring Company LLC and CJSC SFP.

RAS net profit of PJSC Novorossiysk Commercial Sea Port for H1 2018 decreased 12.72 times to RUB 1.466 billion from RUB 18.65 billion for the same period in 2017. Revenue increased by 10.93% to RUB 13.789 billion from RUB 12.431 billion, sales profit decreased by 5% to RUB 8.283 billion from RUB 8.719 billion, pre-tax profit 13.65 times to RUB 1.502 billion from RUB 20.505 billion.

IFRS profit of NCSP Group for 9 months of 2018 decreased by 40% to $215.698 million from $359.354 million a year earlier. Revenue increased by 7.7% to $712.5 million from $661.557 million, EBITDA by 6.3% to $512.931 million from $482.453 million.

"AK&M", 12.02.2019 14:09


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