Net profit of Global Ports down 16% to $123 mln in 2012
In 2012, net profit of Global Ports Investments PLC decreased by 16%, year-on-year, to $123. According to the company’s materials, the company’s revenue stayed at the level of the previous year making $501.8 mln.
Container throughput of the Group’s Russian terminals climbed by 8% to 1.45 mln TEUs including 827,000 TEUs handled by Petrolesport (up 6%), 397,000 TEUs of Vostochnaya Stevedore Company (up 17%), 226,000 TEUs of Moby Dik (down 1%). The Group’s total container throughput increased by 6% to over 1.62 mln TEUs.
Global Ports Investments Plc (GPI) - is one of Russia’s leading operators of container terminals. It is a part of N-Trans Group, the largest private operator at the market of transport services of Russia, CIS and Baltic states. GPI terminals are located in the Baltic and Far East Basins. GPI operates three Russian container terminals (Petrolesport and Moby Dik in St. Petersburg and Vostochnaya Stevedore Company in Vostochny Port) and two container terminals in Finland (Multi-Link Helsinki and Multi-Link Kotka). GPI is currently implementing the project on construction of the dry terminal Yanino near St. Petersburg.
The Company’s 2012 full year results are available at the website of PortNews IAA >>>>
