Новости Группы компаний

“Pipe Transport Company” summed up the financial results of the first half-year.

09/08/11
“Pipe Transport Company” (Rail Garant Group) summed up its operating financial results of the first half-year 2011. PTK’s operating income for the first six months of the year has amounted to 3,4 billion Russian Rubles which is twice the amount of the results of the respective period of the previous year. Gross profit has increased 1,2 times and amounts to 488 millions Russian Rubles.

As compared with the first six months of the previous year the rolling stock of the company has increased 1,5 times and amounts to 11.500 units at present. Undoubtedly, this has considerably influenced the increase of the company’s transportation volumes and allowed to ensure positive dynamics of operating financial results.

According to Oleg Tsitsiy, the Director General of the Company, “Growth of transportation volumes and, as a result, increase in income has been caused, among other things, by general increase in freight turnover of rail transport in the Russian Federation“.