Выручка НМТП по МСФО снизилась

NCSP Posts Profit Growth on Grain Terminal Sale

  • NCSP Group has announced its consolidated operating and financial results for the 2019 financial year under International Financial Reporting Standards (IFRS).

    Consolidated revenue for the year 2019 totaled $866.4 mn, down 8.9% year-on-year. The Group explains the decrease in revenue by the loss of revenue from grain transshipment ($121.2 mn). Last year, the Group sold its Novorossiysk Grain Terminal to a VTB-controlled entity for 35.8 mn rubles. Partially, the loss of revenue on grain handling was offset by an increase in revenue from oil and petroleum products transshipment ($46.6 mn).

    The Group’s EBITDA and in the reporting period decreased by 3.4% down to $646.5 mn while its net profit surged 3.5-fold up to $943.3 mn, due to the sale of its grain handling business.

    Cash and cash equivalents as of 31 December 2019 totaled $433.5 mn. Net debt reduced down to $387.1 mn.

    Net debt to EBITDA ratio improved to 0.60 versus 1.26 at the beginning of the year.


  • Leave a Reply

    Related content
    16.04.2020
    According to SeaNews PORTSTAT analytic online service, the total container throughput via the Baltic […]
    27.07.2020
    According to the RF Federal Customs Service’s statistics, in January-May 2020 Russia’s export of […]
    16.11.2020
    According to the RF Federal Customs Service’s statistics, Russia’s car import in January-September 2020 […]
    13.11.2020
    The article is based on SeaNews PORTSTAT online service (available for SeaNews subsribers). Demo […]
    04.09.2020
    During week 35, freight rates for shipping wheat and coal by Handysize bulkers in […]
    02.04.2020
    According to SeaNews PORTSTAT analytic online service, the total cargo throughput of the Baltic […]
  • Login
  • No Fields Found.