Net profit of North Shipping Company up 87.6% to RUR 191.5 mln in Jan-Sep 08

In January-September, 2008, net profit of North Shipping Company OJSC totaled RUR 191.542 million (+87.6%, year-on-year), the company reports.

In the reported period, the company’s revenue climbed by 25.5%, year-on-year, to RUR 3.186.053 billion, gross profit – by 94.8% to RUR 331.068 million, pre-tax profit – by 88.7% to RUR 250.279 million.

Control stock of NSC (46,003%) is owned by Murmansk Shipping Company OJSC, 20% belong to the government

Source: Portnews