TransContainer has published its financial results for Q3 and 9 months of 2018.
In Q3, the company’s earnings grew 16.1% year-on-year up to 20.4 bn rubles, adjusted earnings were up 12.5% to 8.4 bn rubles.
Operating expenses increased 13.8% up to 17.1 bn rubles, EBITDA surged 42.1% up to 5.3 bn rubles. Net profit made 3.5 bn rubles, up 48% year-on-year.
For the 9 months of 2018 earnings were up 15.5% to 55.7 bn rubles, and adjusted earnings up 9.7% to 22.4 bn rubles.
Operating expenses made 48.4%, up 13.7% year-on-year, and adjusted operating expenses grew by just 2.3% up to 15 bn rubles, due to lower transportation costs.
EBITDA was up 25.4% to 11.2 bn rubles, and net profit increased 28.1% up to 6.6 bn rubles.