MOSCOW, June 2 Russian rail group Transcontainer
reported on Monday an 18 percent rise in
first-quarter net profit helped by lower costs, while the
country's rail container transportation market grew 9 percent.
It expects the market to grow in mid single-digit percentage
rates for the full year and said that increasing levels of
competition in the container market may put operator tariffs
Net profit for the quarter was 1.3 billion roubles ($37
million), Transcontainer said in a statement.
($1 = 34.8557 Russian roubles)
(Reporting by Megan Davies; Editing by Maria Kiselyova)