NCSP’s Financial Results

NCSP’s Financial Results

  • Novorossiysk Commercial Sea Port Group announced its consolidated financial results for the nine months of 2017, under International Financial Reporting Standards (IFRS).

    NCSP Group’s consolidated revenue in January-September 2017 increased by 1.9% compared to that of the same period 2016 and reached $661.6 million.

    Group’s EBITDA and net profit in the reporting period totaled $482.5 million and $359.4 million, which is 6,7% and 26.4% less than that of nine months 2016 respectively.

    The amount of cash and equivalents decreased 35.9% year-on-year to $150.2 million.

    NCSP’s net debt dropped 1.3% compared to 9 month 2016 and amounted to $1.146 billion.



  • Leave a Reply

    Related content
    With a high USD rate, export will be growing, and vice versa. Container traffic via ports will depend on the service cost and convenience.
    During the 10 months of 2017 Russia imported 529.8 thousand tons of fresh and […]
    PJSC TransContainer has published its financial results under IFRS for the third quarter and […]
    During week 50 freight rates in the Baltic and West European region changed little. […]
    Russia’s import of meat products is growing. According to the RF Customs Service’s statistics, […]
    On Week 50, Black Sea freight rates remained on the two previous weeks’ level. […]
  • Login