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Novocherkassk Electric Locomotive Works fulfils order of Russian Railways

Production Company Novocherkassk Electric Locomotive Works (operating as part of JSC Transmashholding) has fulfilled the 2017 production plan for 4ES5K Ermak electric locomotives. According to Transmashholding's press-service, this year's last three locomotives have departed for where they will be operated.

Electric locomotives of the 4ES5K series are among the world's most powerful locomotives.

In 2018, Novocherkassk Electric Locomotive Works expects to make 10 4ES5K electric locomotives for Russian Railways.

LLC Production Company Novocherkassk Electric Locomotive Works (Rostov region, tax number: 6150040250) is a major producer of freight and passenger mainline electric locomotives, electric industrial locomotive and traction units, spare parts for locomotives.

JSC Transmashholding (tax number: 7723199790) unites transport engineering enterprises developing and manufacturing electric locomotives, diesel locomotives, passenger stock and freight cars, locomotive and marine diesel engines, subway cars, electric and diesels trains, car casting, accessories and equipment for the rolling stock.

IFRS net profit of JSC Transmashholding for H1 2017 decreased by 32.89% to RUB 1.336 billion from RUB 1.99 billion for the same period in 2016. Revenue increased by 19.54% to RUB 66.543 billion from RUB 55.666 billion, operating profit decreased by 15.54% to RUB 4.248 billion from RUB 5.03 billion, pre-tax profit by 24.89% to RUB 1.898 billion from RUB 2.527 billion.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of JSC Transmashholding for H1 2017 grew by 66.09% to RUB 2.985 billion from RUB 1.797 billion for the same period in 2016. Revenue decreased by 21.63% to RUB 24.828 billion from RUB 31.681 billion, sales profit by 22.6% to RUB 1.042 billion from RUB 1.347 billion, pre-tax profit increased by 58.93% to RUB 3.225 billion from RUB 2.029 billion.

"AK&M", 06.12.2017 15:24


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