Far Eastern Shipping Company has changed its profit to a loss

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According to the results of 9 months of 2024, the Far Eastern Shipping Company (the parent company of one of the largest Russian transport and logistics groups Fesco) received a net loss under RAS in the amount of 2.1 billion rubles. This is stated in the financial report of the company.

For the same period in 2023, the company recorded a net profit of 9 billion rubles.

Since the beginning of the year, the revenue of the DVMP has fallen by 30% year on year, to 5 billion rubles.