The managing board of Russian Railways (RZHD) approved the financial plan and investment program for 2008 and for the period till 2010 including 23bn rub. in the net profit as tentative figures, the company informed.
In 2009 it should come to 33.2bn rub.; 2010 - 51.2bn rub. The cargo turnover is expected to be up 5.9% in 2008 and 5.5% in 2009.
The expenses in 2008 are to increase 11.4% to 996.9bn rub.; in 2009 - 11.1% to 1.1tril rub., in 2010 - 13% to 1.25tril rub.
402bn rub. will be invested in the development of the Company in 2008; 442.8bn rub. in 2009; 451.2bn rub. in 2010.
RZHD was set up on the basis of the communications ministry as a wholly owned government company. The 2006-net profit increased to 26.3bn rub. or 2.7 fold against prior year figures (9.7bn rub).
In 2009 it should come to 33.2bn rub.; 2010 - 51.2bn rub. The cargo turnover is expected to be up 5.9% in 2008 and 5.5% in 2009.
The expenses in 2008 are to increase 11.4% to 996.9bn rub.; in 2009 - 11.1% to 1.1tril rub., in 2010 - 13% to 1.25tril rub.
402bn rub. will be invested in the development of the Company in 2008; 442.8bn rub. in 2009; 451.2bn rub. in 2010.
RZHD was set up on the basis of the communications ministry as a wholly owned government company. The 2006-net profit increased to 26.3bn rub. or 2.7 fold against prior year figures (9.7bn rub).