PJSC TransContainer PJSC TransContainer reports its Financial Results under Russian Accounting Standards (RAS) for the first nine months of 2016.
For the reporting period the Company’s net income increased by 49.6% year on year to RUB 2,210 million. The net income margin grew from 9.7% for the first nine months of 2015 to 14.0% for the reporting period. The net income growth was impacted by an increase in transportation volumes by the Company’s flatcar and container fleet, by widened range of rail transportation services and by cost control.
The Company’s total revenue under RAS for the first nine months of 2016 amounted to RUB 36,722 million, up 18.9% year on year. Adjusted revenue (total revenue less subcontractors’ fees under the integrated freight forwarding and logistics services) increased by 3.6% year on year to RUB 15,760 million. The Company’s EBITDA grew by 16.4% from RUB 4,310 million for the first nine months of 2016 to RUB 5,017million for the reporting period.
As of 30 September 2016 the Company’s assets amounted to RUB 51,252 million, gross debt was RUB 8,814 million, net debt (gross debt less cash, cash equivalents and short-term investments) turned to negative RUB 102 million.
TransContainer’s financial accounts under Russian аccounting Standards are available at.