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Sovcomflot Reports Strong 2019 Earnings

March 13, 2020
Russian shipping major Sovcomflot (SCF Group) managed to return to profit in 2019 – the first year of implementation of the company’s new strategy. The company reported a net profit of USD 225.4 million in 2019, compared to a net loss of USD 45.6 million seen a year earlier. Revenues rose by 9.6 percent to […]
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