PJSC TransContainer 09m2020 and 2020Q3 IFRS financial results
PJSC TransContainer (the Company) has published its reviewed interim condensed consolidated financial results under IFRS for the third quarter and nine month of 2020.
Company’s revenue for the nine months of 2020 was up 15.7% year-on-year to RUB 73,786 million. Company’s revenue for the 3-rd quarter was up 15.4% quarter-to-quarter to RUB 28,267 million. Company’s Total Comprehensive Income for the Period Attributable to the Company's Owners for nine month of 2020 amounted to RUB 10,947, up 8.7% to the nine month of 2019.
“Strong financial and operating results for 9 months of 2020 were due to the second, and even more successful, third quarter, which compensated for the first one, which was less successful amid the Asian lockdown both in production and transportation,” said Pavel Skachkov, Vice President for Economics and Finance of TransContainer. He also noted that “in the third quarter, we have achieved record levels in transportation volumes and key performance indicators such as flatcar turnover and empty container mileage, which confirms the Company's success in optimising logistics solutions with the use of our flexible business model”
As of 30 September 2020, the Company’s assets stood at RUB 94,979 million, while net assets reached RUB 59,381 million.
The Company’s financial accounts are available at: