OREANDA-NEWS. Far Eastern Shipping Company (hereafter FESCO plc) total operating income under Russian Accounting Standards (RAS) has amounted to 5423 millions rubles for the reporting period that is 13.2% higher than in the same period of the last year.

FESCO RAS gross operating margin for the period has made 807 million rubles against 45 million loss in the same period of the last year.

The total gross profit before tax, assessed by RAS, has made 1 029 million rubles, or a 2,3 times increase over the same period of 2005.
 
FESCO net profit, assessed by RAS, has made 813 million rubles that is 2,6 times higher than in the same period of the last year.

Total of taxes and deductions, paid by FESCO Plc for the reporting accounted up to 1 143 million of rubles.

The FESCO container fleet capacity increased by 56 % and reached 32 thousand TEU. Moreover, the current portfolio of signed shipbuilding contracts includes another 10 containerships with total capacity of 20,794 TEU.