11th Mar 2010 07:01
NCSP Group Operating Results for January-February 2010
11.03.2010
The Novorossiysk Commercial Sea Port Group (LSE: NCSP, RTS and MICEX: NMTP) hereby reports its consolidated operating results for January-February 2010. In the reporting period NCSP Group's cargo turnover amounted to 14,054.5 thousand tons, which exceeds the cargo turnover of January-February 2009 by 2.3% (313.3 thousand tons).
General cargo volumes in January-February 2010 increased by 15.1% (249.1 thousand tons) versus same period of 2009. Positive dynamics were shown by ferrous metals - volumes up by 20.8% (258.2 thousand tons), timber - up by 85.1% (140.7 thousand cubic meters), and perishable cargo - increased by 49.2% (14.7 thousand tons) over same period last year.
Bulk cargo volumes in the reporting period exceeded the volumes of January-February last year by 3.9% (78.0 thousand tons). Grain volumes increased by 26.4% (304.8 thousand tons), raw sugar by 9.3% (15.7 thousand tons), and dry mineral fertilizers by 44.7% (104.1 thousand tons). Iron ore volumes in January-February 2010 reduced by 336.2 thousand tons versus same period last year on the back of ferrous metals handling growing by 258.2 thousand tons.
Total volumes of Liquid cargo in the reporting period reduced by 1.2% (116.9 thousand tons) versus January-February 2009. At the same time UAN liquid fertilizer volumes rebounded by 80.4 thousand tons as compared to same period last year. Oil products volumes grew by 12.5% (276.1 thousand tons), while volumes of crude oil reduced by 6.2% (462.2 thousand tons).
Container traffic in January-February this year increased by 29.0% (10.4 thousand TEU) versus that of January-February 2009.
NCSP Group Operating Results for January-February 2010
|
|
January-February 2010 |
January-February2009 |
Change |
|
|
|
thousand tons |
thousand tons |
thousand tons |
% |
|
Cargo turnover, total |
14 054.5 |
13 741.2 |
313.3 |
2.3% |
|
Liquid cargo, total |
9 672.6 |
9 789.5 |
-116.9 |
-1.2% |
|
Crude oil |
7 042.1 |
7 504.3 |
-462.2 |
-6.2% |
|
Petroleum products |
2 490.1 |
2 214.1 |
276.1 |
12.5% |
|
UAN |
105.4 |
25.0 |
80.4 |
321.5% |
|
Seed oils |
35.0 |
46.2 |
-11.1 |
-24.1% |
|
Bulk Cargo, total |
2 084.4 |
2 006.4 |
78.0 |
3.9% |
|
Grain |
1 459.5 |
1 154.7 |
304.8 |
26.4% |
|
Mineral fertilizers |
337.4 |
233.2 |
104.1 |
44.7% |
|
Sugar |
184.5 |
168.8 |
15.7 |
9.3% |
|
Iron ore and ore concentrate |
103.0 |
439.2 |
-336.2 |
-76.5% |
|
Scrap metal |
0.0 |
0.0 |
0.0 |
0.0% |
|
Cement |
0.0 |
10.5 |
-10.5 |
-100.0% |
|
General cargo, total |
1 899.1 |
1 650.0 |
249.1 |
15.1% |
|
Ferrous metals |
1 500.3 |
1 242.0 |
258.2 |
20.8% |
|
Timber |
173.0 |
93.9 |
79.1 |
|
|
Timber, thousand cubic meters |
306.0 |
165.3 |
140.7 |
85.1% |
|
Non-ferrous metals |
155.7 |
173.3 |
-17.7 |
-10.2% |
|
Pig iron |
10.2 |
84.5 |
-74.3 |
-87.9% |
|
Perishable cargo |
44.5 |
29.8 |
14.7 |
49.2% |
|
Other |
15.4 |
26.4 |
-11.0 |
-41.7% |
|
Containers |
398.4 |
295.3 |
103.1 |
|
|
Containers (thousand TEU) |
46.3 |
35.9 |
10.4 |
29.0% |
About NCSP Group
Novorossiysk Commercial Sea Port is the largest Russian port operator in terms of cargo turnover. Group's consolidated cargo turnover in 2009 totaled 86.5 million tons. Consolidated revenue to IFRS for the 9 months of 2009 totaled $508.238 million.
NCSP shares are traded on Russia's RTS and MICEX exchanges (NMTP) and on the London Stock Exchange (NCSP) in the form of GDRs (1 GDR representing 75 shares).
NCSP Group includes the following stevedore companies: PJSC NCSP, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC NCSP Fleet, OJSC Novoroslesexport, OJSC IPP, and Baltic Stevedoring Company Ltd.
For more information please contact:
Tel.: +7 (495) 783-5434; IR@nmtp.info
Related Shares:
Pjsc Novor. S