In Q1, Transneft reduced its net profit by 13%
Edited by Rhod Mackenzie / 2014-05-30 01:24:08
In the first quarter of 2013, Transneft reduced its net profit under IAS by 12.7% as compared with the same period of 2013 to 40,6 billion rubles, the company reports.
In January-March, the proceeds grew by 2.3% and made up 188.114 billion rubles.
The operating profit fell by 1.4% to 64.817 billion rubles, and the pretax profit decreased by 10.7%, made up 51.553 billion rubles. The operating costs increased by 4.4% to 123.297 billion rubles.
