Transcontainer Q1 Net Profit Declines 7.5%

Russian group Transcontainer reported a 7.5% drop in its first-quarter net profit. Last year, Transcontainer's profit surged 34% to 5.2 billion roubles ($164.4 million). Its net earnings in the first quarter declined to 1.1 billion roubles ($34.8 million). Transcontainer's revenue rose 0.3% to 8.6 billion roubles.