Murmansk Trawl Fleet (MTF), a former state owned Russian fishing trawler operator that is a key supplier to Hong Kong-based whitefish trading group Ocean Trawlers, saw its net profit increase 48.21 percent year-on-year in the first nine months of 2011.
The company reported a marginal sales growth for 2011, from RUB 4.49 billion (€108.5 million/$145.3 million) for the first nine months of 2010, to 4.54 billion (€109.7 million/$146.9 million) for the first three quarters of 2011.
MTF reported gross profit of RUB 1.13
