Globaltrans Investment Plc (GLTR.L) Thursday released the financial results for the full year ended 31 December 2011, reporting a sharp rise in IFRS profit for the year on 25 percent increase in total revenue.
The private freight rail transportation group operating in Russia reported net profit for the year, on IFRS basis, of $317.20 million, 40% higher than net profit of $225.90 million reported for the previous year.
Diluted earnings per shsre for the year increased 50% to $1.68 from $1.12 per share reported last year/
Total Revenue for the year increased 25% to $1.73 billion from $1.38 billion reported for the previous year.
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