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2007 August 20   13:21

The IH net profit RZHD increased more than 2 fold to RUB 25.319 bn

The IH net profit of Russian Railways (RZHD) under RAS grew more than 2 times up to RUB 25.319 bn from RUB 12.493 bn prior year, the Company says.
The Company's revenues increased 18% to RUB 469.106 bn from RUB 394.651 bn in IH 2006, the gross profit grew 2 times to RUB 58.673 bn, pre-tax profit increased 1.67 fold up to RUB 50.341 bn.
The Russian Railways were set up in October 1, 1003 on the basis of the communications ministry. 100% are held by the government.
The 2006-net profit rose to RUB 26.3 bn or 2.7 fold higher against prior year figures (RUB 9.7 bn).

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