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Russia's Transcontainer quarterly profit up 18pc to US$37 million
RUSSIA' rail group Transcontainer posted 18 per cent increase in first quarter profit to RUB1.3 billion (US$37 million), while the country's rail container transport market grew nine per cent, reported Reuters.
The company expects market growth in the mid-single digit percentage range for the full year and said that rising levels of competition in the container market may squeeze operator tariffs.
The company expects market growth in the mid-single digit percentage range for the full year and said that rising levels of competition in the container market may squeeze operator tariffs.
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