Russia’s restructuring Fesco Transportation Group has posted a fall in earnings for the first eight months.
Publishing the figures to the end of August in the interests of transparency, it said EBITDA was down to $54.5m, against $79m in the same period of 2015.
Revenue fell to $351.8m from $491.3m, while container volumes dropped to 563,800 teu from 621,400 teu in the Far East
Fesco is trying to restructure its debt, having frozen bond payments earlier this year.
It
