Russian state-owned transportation company FESCo achieved another strong six-month period of cargo growth, handling 309,000 TEU, an 8% year-over-year increase driven by positive performance in both international and domestic market segments.
The liner logistics division saw revenue rise 14% to US$ 986 million.
Despite increased turnover, segment EBIT declined 20% to US$ 53 million. At the consolidated group level, net profit fell 60% year-over-year to US$ 9 million).
