Date: 2 months ago   Category: Energy

The net profit of Transneft in the III quarter grew by 1.5 times — to 79 billion rubles — Rambler News Service


The net profit of Transneft according to the International Financial Reporting Standards (IFRS) in the III quarter 2018 increased by 48.9% in comparison with an indicator for the same period of last year — to 78.967 billion rubles, follows from the report of the company. Net profit in January-September increased by 2.5% — to 171.112 billion rubles. The revenue of the company grew in the III quarter by 15.1% — to 252.706 billion rubles. Operating expenses increased by 24.3% and made 146.129 billion rubles. Profit before taxation was 92.807 billion rubles that is 44.9% more, than in the III quarter 2017. The revenue of the company in January-September of the current year was 716.012 billion rubles, having increased by 8.9% to an indicator of the same period of last year. Operating expenses grew by 17.8% - to 401.109 billion rubles. Profit before taxation was 401.109 billion rubles in January-September that is 1.3% less, than in nine months 2017.

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