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2015 May 18   12:31

Net profit of Transneft under RAS up 39% to RUB 2.91 bln in QI'15

In QI'15, net profit of Transneft OJSC calculated under Russian Accounting Standards totaled RUB 2.91 bln (+39%, year-on-year), the company states.

Transneft’s revenue increased by 5.6% to RUB 188.48 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 48,708 km of trunk pipelines.

 

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