2013 May 16 13:01
In the first quarter of 2013, net profit of Transneft calculated under Russian Accounting Standards totaled RUB 3.3 bln (+30.6%, year-on-year), the company announced.
In the accounting period, Transneft revenue climbed by 1.6% to RUB 173.8 bln.
Transneft is Russian oil transporting state monopoly (75% of voting shares are controlled by the state) and the largest pipeline company in the world holding about 50,000 km of trunk pipelines.
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