MOSCOW, June 3 (Reuters) - First-quarter net profit of Russia's oil pipeline monopoly Transneft increased by 19 percent year-on-year to 75.6 billion roubles ($1.1 billion), the company said on Friday.
Revenues edged up to 204 billion roubles in January-March from 201.5 billion roubles in the corresponding period of 2015.
Transneft's main source of revenues are tariffs for oil and oil products shipments via its vast pipeline network.
(Reporting by Vladimir Soldatkin; Editing by Maria Kiselyova)
Copyright 2017 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles
From the Career Center
Jobs that may interest you