Transgarant posts 2012 net profit of RUR 1.4 bln
Firm Transgarant LLC improved 2012 financial indicators compared with the previous year, the company’s press center informs.
Transgarant revenue 2012 reached 7,4 billion rubles, increased 10% YoY, according to RAS (Russian Accounting Standards).
Company net profit reached 1,4 billion rubles (up 9% YoY).
According to Transgarant CFO Alexey Barbariush, financial performance growth based on great transport services demand in 1H 2012 and container transportation demand growth for the whole year.
Transgarant is privately owned freight rail operator in the Russian transportation market and a part of FESCO Transportation Group. Transgarant incorporates four subsidiaries: Transgarant-Ukraine, Metiztrans, Tektrans and Transgarant-Vostok.
The company provides freight rail services in industrial cargo transportation. It operates 16.2 thousand cars, 92 % of cars are owned by the company. The company operates 5 main line diesel locomotives and 2 shunting locomotives.
Transgarant's freight rail turnover is over 30 billion tonnes-km. Annual transportation volume is 24 million tonnes.
Transgarant transports cargos via Russia and CIS countries, has 25 branches and representations.
