Net profit of NCSP Group up 2.4 times to $315.96 mln in 2012
Net profit of Novorossiysk Commercial Sea Port OJSC calculated under IFRS totaled $315.96 mln in 2012 (up 2.4 times, year-on-year), press center of NCSP Group states.
The Group’s revenue was $1.03 bln. The debt fell by 10% - from $2.5 bln to $2.62 bln.
EBITDA grew by 7.4% to $591.5 mln.
Novorossiysk Commercial Sea Port (NMTP Group) is Russia’s largest port operator in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). 50.1% shares of PJSC “NCSP” belong to Novoport Holding Ltd, the beneficial owners of which are OJSC “Transneft” and Summa Group. The Group comprises the following stevedoring companies: Novorossiysk Commercial Sea Port O JSC, Primorsk Commercial Port, Novorossiysk Grain Terminal OJSC, Novorossiysk Ship Repair Yard OJSC, NCSP Fleet OJSC, Novoroslesexport OJSC, IPP OJSC, Baltic Stevedore Company LLC and SFP CJSC. In 2012, the Group’s throughput gained 1.2% to 158.9 mln tonnes.
