News

20.03.2018

JSC United Transport and Logistics Company publishes the financial results under the Russian Accounting Standards (RAS) for 2017

Following the results of 2017, the profit of JSC United Transport and Logistics Company (JSC UTLC) amounted to RUB 8,268 mln. A significant part of the profit was formed due to the revaluation of the shares of PJSC TransContainer and the dividends received from PJSC TransContainer in the amount of RUB 6,925 mln. Without regard to these factors, the net income was increased more than twice and amounted to RUB 1,344 mln.

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The Company’s revenue for the 12 months of 2017 was increased by 67% up to RUB 13,901 mln compared to RUB 8,314 mln of the previous year.

The sales profit in the reporting period was increased more than twice up to RUB 1,433 mln.

The volume of transit in traffic Asia- Europe-Asia in the territory of Kazakhstan, Russia and Belarus, carried out by the container operator JSC United Transport and Logistics Company (JSC UTLC) in 2017, exceeded 175 thousand TEU (equivalent to a twenty-foot container) which is 75% more than in the previous year. In total 2102 container trains were delivered.