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Russia’s TransContainer Reports Over 10% Y-o-y Increase In Container Transport

Russia’s TransContainer reports over 10% y-o-y increase in container transport

Moscow, Russia (PortSEurope) July 23, 2020 – PJSC TransContainer has said that container handling volumes increased by 10.8% year-on-year. Revenue for the first half of 2020 was up 9.1% year-on -year to RUB 44,337 million. Revenue for the second quarter of 2020 increased to RUB 23,818 million,  up 16.1%, compared to the previous quarter. Net profit for the reported period was RUB 7,146 million, up
16.5% year-on-year.  As of 30 June 2020, the company’s assets stood at RUB 84,524 million, while net assets reached RUB 51,933 million, up 16.3% from 31 of December 2019. For the first three months of 2020, TransContainer transported 538,000 TEU and handled 360,000 TEU via terminals in Russia. PJSC TransContainer is the leading intermodal container transportation company in Russia and a subsidiary of state-owned rail company RZD. Copyright (C) PortSEurope. All Rights Reserved. 2020.

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