РЖД снизили прибыль по РСБУ

Russian Railways Post IFRS Results for 2018

  • Russian Railways JSC have published their consolidated financial report reflecting the results of the holding company and its 206 subsidiaries.

    The overall earnings increased by 7.2% year-on-year up to 2,413 bn rubles. 63.4% of this sum or 1,531 bn rubles is earnings on cargo transportation and infrastructure services, up 5.6% due to the growing cargo traffic (up 4.2% year-on-year) and tariff indexation.

    Earnings on passenger transportation increased by 5.4% up to 251 mn rubles driven by the 5.2% growth in passenger traffic and increasing earnings in the high-speed segment.

    Earnings on logistics services were up 14.2% to 394 mn rubles due to the increasing service volume provided by the logistics subsidiaries of the holding as well as by the positive currency exchange effect as part of the income was in foreign currency.

    Operational expenses (deprecation excluded) increased making 2,161 bn due to the increasing cargo throughput, maintenance expenses and diesel fuel prices.

    EBITDA was up 6.4% year-on-year amounting to 527 mn rubles.

    Net profit declined almost 4-fold making 35.4 mn rubles.


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