TransContainer has published its reviewed interim condensed consolidated financial statements for 2019 in accordance with the International Financial Reporting Standards.
The total revenue of the company for 2019 increased by 12% year-on-year up to 86.2 bn rubles. Adjusted revenue grew by 21.1% up to 37.9 bn rubles.
Operating expenses increased by 7% up to 71.6 bn. Adjusted operating expenses were up 9.8% year-on-year to 23.3 bn rubles.
Operating profit grew by 36.4% year-on-year up to 15.8 bn rubles.
Net profit amounted to 11.6 bn rubles, up 23.6% year-on-year.
TransContainer explained the improved financial results by the growing transportation volume in favourable market conditions.
The assets of the company amounted to 84.4 bn rubles as of December 31, 2019, tis net debt made 15.9 bn rubles.