MOSCOW, April 8. /TASS/. Net profit of Globaltrans under International Financial Reporting Standards (IFRS) rose by 55% in 2023 compared with 2022 to 38.6 bln rubles ($417 mln), the company reported.

Revenue increased by 11% in the reporting period to 104.7 bln rubles ($1.13 bln), the report said. Meanwhile, adjusted revenue added 7% compared with 2022 to 87.4 bln rubles ($944.5 mln). Adjusted EBITDA rose by 6% to 52.3 bln rubles ($565 mln).

Globaltrans Investment PLC is a leading freight rail transportation group, which operates via its subsidiaries in Russia and CIS countries.