Sovcomflot expects profit for 2H 2023 at 1H level

Business & Economy September 25, 2023, 14:42

In the midterm Sovcomflot also expects high financial results due to a number of midterm contracts concluded

ST. PETERSBURG, September 25. /TASS/. Sovcomflot projects profit for the second half of this year in ruble equivalent at the level of 1H, Chief Executive Officer Igor Tonkovidov said in an interview with TASS.

"The dynamics of our financial results remains positive. We expect the company’s work on concluding long-term contracts to allow maintaining such dynamics in the second half of the year, with the company’s profit in 2H roughly in line with 1H profit in ruble equivalent," he said.

In the midterm Sovcomflot also expects high financial results due to a number of midterm contracts concluded.

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