August 29, 2013 / 11:58 AM / 4 years ago

Russia's Transneft Q2 net income rises 21 pct y/y

MOSCOW, Aug 29 (Reuters) - Russia's state-owned oil pipeline monopoly Transneft said on Thursday its second-quarter net profit rose 21 percent, year-on-year, to 41.7 billion roubles ($1.26 billion), helped by lower forex exchange losses than a year ago.

The company, which carries oil through Russia's 50,000 km-long network of pipelines, increased revenues by 3 percent in the period to 185.5 billion roubles, it said in a statement. ($1 = 33.1985 Russian roubles) (Reporting by Maria Kiselyova; Editing by Douglas Busvine)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below