Russia’s restructuring Fesco Transportation Group has posted a fall in earnings for the first seven months.
Publishing the figures to 31 July in the interests of transparency, it said EBITDA was down to $47m, against $69.3m in the same period of 2015.
Revenue fell to $303.8m from $440.4m, while container volumes dropped to 268,700 teu from 280,200 teu in the Far East
Fesco is trying to restructure its debt, having frozen bond payments earlier this year.
It
