«Совкомфлот» отправил два танкера из Приморска по СМП

Sovcomflot in Black in January-September

  • Sovcomflot has published a consolidated financial statement for Q3 and January-September 2019.

    The Group’s gross revenue for Q3 was up 5.7% to $418.8 mn, time charter equivalent revenue up 11.9% to $293.9 mn, EBITDA up 17.8% to $173.1 mn. Net profit surged 86-fold making $25.9 mn.

    According to Igor Tonkovidov, President and CEO of Sovcomflot, the Group has increased its revenues from offshore services, including the shuttle transportation of crude oil, and from conventional tanker operations.

    Gross revenue for January-Setember was up 12.7% to $1.25 bn, time charter equivalent revenue up 16.7% to $902.9 mn, EBITDA up 33.7% to $554.3 mn. Net profit made $116.9 mn compared to net loss of $57.5 for the first 9 months of 2018.


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