OREANDA-NEWS. In January-September 2007, net profit of Vladivostok Sea Fishing Port OJSC (VladMorRechFlot) under Russian Accounting Standard totaled RUR 418,000 against loss a year ago.

In the third quarter of 2007, net profit of VladMorRechFlot totaled RUR 52.483 million, while in the first half of 2007 the company’s net loss amounted to RUR 52.65 million. Thus, in January-September 2007, the company’s net profit totaled RUR 418,000. In January-September 2006, net loss of VladMorRechFlot totaled RUR 12.420 million.

Vladivostok Sea Fishing Port specializes in handling, storage and transportation of cargo including general cargo. The company’s major shareholders are Sigma Invest CJSC (36.97% of ordinary shares) and Geoteks CJSC (13.11%). 46.01% of the company’s shares are under nominal shareholding of Far Eastern Bank.