NCSP net profit up 3.9 times to RUB 5.094 bln in 2012
Net profit of Novorossiysk Commercial Sea Port OJSC calculated under Russian Accounting Standards increased by 3.9 times to RUB 5.094 bln in 2012, the company informs.
The company’s revenue increased by 8.1% to RUB 10.658 bln. Pretax profit boosted over 8-fold to RUB 6.487 bln.
Novorossiysk Commercial Sea Port OJSC is parent company of NCSP Group. It is a stevedoring company operating in the port of Novorossiysk. 50.1% shares of NCSP belong to Novoport Holding Ltd, the beneficial owners of which are OJSC Transneft and Summa Group. NCSP Group is Russia’s largest port operator in terms of cargo turnover In 2012, the Group’s throughput raised by 1.2% to 158.9 mln tons.
