PJSC TransContainer reports its Financial Results under IFRS for first quarter of 2019
PJSC "TransContainer" and its subsidiaries (the "Group") today publishes its unaudited interim consolidated financial statements prepared in accordance with the International Financial Reporting Standards ("IFRS") for the first quarter of 2019.
In the reporting period, net profit of the Group amounted to RUB 2,639 million, and net income margin improved to 30.1%.
The total revenue of the Group for the first quarter of 2019 amounted RUB 19,798 million, up 20.0% year on year. Adjusted revenue (net of subcontractors' charges) was up 31.9% year on year and amounted to RUB 8,776 million on the back of a growth in revenue-generating transportation volumes by 13.9%. At the same time the Group's adjusted operating expenses (net of subcontractors' charges) grew just by 5.9% year on year to RUB 5,421 million. Operating profit of the Group for the first quarter of 2019 amounted RUB 3,571 million.
As of 31 March 2019 the Group's assets were RUB 71,823 million, total debt was consisted of two outstanding bond issues and amounted RUB 11,712 million.
The financial accounts of Transcontainer Group under IFRS are available at:
calculated as of % of Adjusted Revenue