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Globaltrans’ IFRS net profit up 2% yoy in 2024 to $441 mln — company

Adjusted revenue for the reporting period increased by 6% year-on-year to 92.7 bln rubles ($1.03 bln)

MOSCOW, March 5. /TASS/. Globaltrans net profit increased by 2% year-on-year in 2024 and amounted to 39.4 bln rubles ($441 mln) as calculated under the international financial reporting standards (IFRS), the company reported.

In 2024, the company's revenue increased by 4% year-on-year and reached 108.7 bln rubles ($1.2 bln).

Pre-tax profit increased by 10% year-on-year to 51.8 bln rubles ($580 mln). Operating profit decreased by 2% year-on-year to 43.3 bln rubles ($485 mln).

Adjusted revenue for the reporting period increased by 6% year-on-year to 92.7 bln rubles ($1.03 bln).

Adjusted EBITDA reached 53.9 bln rubles ($604 mln), up 3% year-on-year.

Globaltrans Investment PLC is one of the leading groups in rail freight transportation, which is operating through its subsidiaries in Russia and CIS countries.