Date: 6 months ago   Category: Energy

The net profit of Transneft according to IFRS in the II quarter has grown by 31,1% — to 45,1 billion rubles — Rambler News Service


The net profit of Transneft according to the International Financial Reporting Standards (IFRS) in the II quarter 2018 has increased by 31,1% in comparison with an indicator for the same period of last year — to 45,116 billion rubles, follows from the report of the company. Net profit in the first half of the year has decreased by 19,1% — to 92,145 billion rubles. The revenue of the company has grown in the second quarter by 8,6% — to 238,067 billion rubles. Operating expenses have increased by 20,4% and have made 137,058 billion rubles. Profit before the taxation has made 56,315 billion rubles that is 18,9% more, than in the II quarter 2017. The revenue of the company in January-June of the current year has made 463,306 billion rubles, having increased by 5,7% to an indicator of the same period of last year. Operating expenses have grown by 14,5% - to 254,98 billion rubles. Profit before the taxation has made 115,662 billion rubles in January-June that is 21,4% less, than in six months 2016.

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