Sovcomflot reports IFRS net profit growth to $321 mln in 9M 2022
Business & Economy
January 31, 2023, 16:01
EBITDA of the company surged by 46% to $741 mln
MOSCOW, January 31. /TASS/. The net profit of Sovcomflot under the International Financial Reporting Standards surged by almost 16 times in annual terms in January - September 2022 and totaled $321 mln, the Russian shipping company said.
Corporate revenues in the time charter equivalent stood at $1.017 bln over nine months of the last year, up 1.1 times in annual terms.
EBITDA of the company surged by 46% to $741 mln.