TransContainer has published its unaudited interim financial result for Q1 2020 in accordance with the International Financial Reporting Standards.
The total revenue of the company for Q1 2020 increased by 6.2% year-on-year up to 21 bn rubles ($295.4 mn).
Operating expenses grew by 15% up to 18.9 bn ($265.8 mn). Operating profit made 2.5 bn rubles ($35.2 mn).
Profit before tax was down 27.8% to 2.4 bn rubles ($33.8 mn). Income tax amounted to 498 mn rubles ($7 mn), down 29.1% year-on-year.
Net profit made 1.9 bn rubles (26.7 mn), down 27.5% year-on-year.
During Q1 2020, TransContainer carried using its rolling stock 538 thousand TEU, up 10.3% year-on-year, and handled at its terminals 360 thousand TEU, up 7.4% ear-on-year.
The assets of the company amounted to 86.5 bn rubles ($1.2 bn) as of March 31, 2020.