Russian Railways’ Net Profit Goes Down 17.1%

The net profit of Russian Railways decreased by 17.1% in the first half of 2011 compared with the first half of 2010, and amounted to 48.5bn RUR, the company’s quarterly report states.

On the other hand, the railway company’s revenues increased by 10.8% and came to 644.7bn RUR. Its pre-tax profit dropped by 10.1% and reached 74.13bn RUR.


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