13 Aug 2012 15:40

Far East Shipping makes 1.3 bln rubles in RAS H1 net profits

MOSCOW. Aug 13 (Interfax) - Net profits to Russian Accounting Standards (RAS) earned by OJSC Far East Shipping , the parent company of the FESCO transport group, in the first half of this year amounted to 1.269 billion rubles versus the 157.5 million rubles in losses it generated in the same period last year.

Sales revenues were down 10% at 1.131 billion rubles.