«Совкомфлот» увеличил чистую прибыль 2022 году почти в 11 раз

SCF Posts H1 IFRS Results

  • Sovcomflot has posted its consolidated IFRS financial results for Q2 and H1 of 2023.

    In Q2, the Group’s revenue made $588.1 mn, TCE revenue made $528.3 mn, net earnings from vessels trading made $441.1 mn.

    EBITDA for Q2 was $414.2 mn, operating profit was $311 mn, and profit for the period was $210.1 mn.

    Operating expense amounted to $87.1 mn, general and administrative expense made $19.4 mn, amortization made $105.6 mn and financial expense $24.5 mn.

    In H1 2023, revenue made $1.2 bn, TCE revenue was $1.1 bn, net earnings from vessels trading $912.4 mn.

    EBITDA for H1 amounted to $866.6 mn, operating profit to $662.3 mn, and profit for the period to $496 mn.

    Operating expense was $67.5 mn, general and administrative expense made $36.9 mn, amortization $206.7 mn and financial expense $48.7 mn.

    Free cash flow for H1 2023 made $686 mn.

    Net debt of the Group as of June 30, 2023 was $536 mn.

    Photo: Shipspotting / foggy


  • Leave a Reply

    Related content
    03.10.2023
    The sea ports in the Russian Arctic handled 8.1 mn tons of cargo in […]
    26.07.2023
    The total container throughput via the Caspian basin ports in June 2023 grew by […]
    01.03.2023
    During January-February 2023, Russian Railways loaded 196.4 mn tons of cargo, 2.4% below the […]
    31.10.2023
    The Novorossiysk West Customs Checkpoint has cleared for entrance and departure 116 ro-ro vessels […]
    23.11.2023
    On week 47, there is a sharp increase in freight rates in the Azov […]
    05.05.2023
    In January-April 2023, the sales of new cars and light commercial vehicles in Russia […]
  • Login
  • No Fields Found.