Transgarant Net Profit 2012 Reached 1,4 Billion Rubles
OREANDA-NEWS. Firm Transgarant LLC improved 2012 financial indicators compared with the previous year. Transgarant revenue 2012 reached 7,4 billion rubles, increased 10% YoY, according to RAS (Russian Accounting Standards).
Company net profit reached 1,4 billion rubles (up 9% YoY).
According to Transgarant CFO Alexey Barbariush, financial performance growth based on great transport services demand in 1H 2012 and container transportation demand growth for the whole year.
Transgarant is one of the major companies in the Russian transportation market and a part of FESCO Transportation Group. The company provides freight rail services in industrial cargo transportation.
Transgarant incorporates four subsidiaries: Transgarant-Ukraine, Transgarant-Vostok, FESCO Rail, Tektrans and group Metiztrans.
Rolling stock fleet of Transgarant Group consists both multipurpose and specialized railcars. The company also has 5 main line diesel locomotives and 2 shunting locomotives. The company operates 16, 2 thousand units of rolling stock, 92% of cars are own.
The company provides transportation via Russia and CIS, has branches and representations in 25 cities.
Freight rail turnover of the company in 2012 is 29, 7 billion ton- km. Annual transportation volume is more than 23, 6 million tones.
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