Novorossiysk Commercial Sea Port H1 IFRS net profit down by 37pc

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Novorossiysk Commercial Sea Port H1 IFRS net profit down by 37pct YoY

Saturday, 08 Sep 2012

Interfax reported that OJSC Novorossiysk Commercial Sea Port saw its net profit to International Financial Reporting Standards plummet 36.6%YoY in H1 2012 to USD 141 million.

Analysts predicted USD 139.5 million in a consensus forecast for Interfax.

Revenue grew 9.5%YoY to USD 541 million.

Source - Interfax

(www.steelguru.com)

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