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Investegate |Metalloinvest Finance Designat Announcements | Metalloinvest Finance Designat: S&P upgrades Metalloinvest rating to investment grade
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Federal aid puts Guam in strongest credit position in years
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Tanker Operator SCF Group net profit increased by over eighteen per cent in 2020
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Home / Shipping News / International Shipping News / Sovcomflot: Net Profit Increased By Over 18 Per Cent In 2020 Underpinned By Continuing Growth Of Industrial Business Segments
Sovcomflot: Net Profit Increased By Over 18 Per Cent In 2020 Underpinned By Continuing Growth Of Industrial Business Segments
PAO Sovcomflot, a global leader in marine energy transportation services, releases its Consolidated Financial Statements for the period ending 31 December 2020.
FINANCIAL HIGHLIGHTS
o For 12 months ending 31 December 2020, SCF Group’s time-charter equivalent (TCE) revenue rose by 6.7 per cent year to year to USD 1,350.6 mln. EBITDA was up 9.8 per cent to USD 903.4 mln. EBITDA margin improved 1.9 pp to 66.9 per cent. Net profit increased by 18.4 per cent to USD 266.9 mln. Positive trend was driven by continued growth of the industrial business segments, as well as a strong performance of the conventional tanker fleet in the first half of the year.
Moody s mantiene en Ba1 los ratings de Castilla-La Mancha, Murcia y Valencia y eleva a Ba2 a Cataluña
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