Net profit of Vanino Commercial Seaport down 24.4% to RUR 19.39 mln

In the first quarter of 2009, net profit of Vanino Commercial Seaport fell by 24.4%, year-on-year, to RUR 19.39 mln, the company officially states. In the reported period, the stevedore’s earnings fell by 12% to RUR 305.753 mln.

Vanino Commercial Seaport OJSC is the largest stevedoring company of port Vanino (Far East) handling 6.5 million tonnes of different cargo per year.

Source: Portnews