Net Profit of Commercial Port of Vladivostok Up 3.3 Times in 2007
OREANDA-NEWS. May 7, 2008. In 2007, net profit of Commercial Port of Vladivostok amounted to RUR 227.9 million (up 3.3 times, year-on-year), the company’s annual report reads. In the reported period, the revenue totaled RUR 1.27 billion (+34%, year-on-year).
In 2007, Commercial Port of Vladivostok handled 4.865.3 million tonnes of cargo (+20.6%, year-on-year). According to the company, negative dynamics of metal export, which was typical for the last three years, was compensated due to attraction of high-technology and high-price cargoes like containers, automobiles and specialized equipment.
In the first quarter of 2008, the company’s revenue amounted to RUR 458.3 million (+80%, year-on-year), net profit grew almost 2.5 times to almost RUR 63 million.