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Russia's Transneft reports 3.6% fall in second-quarter profit

Published by Global Banking & Finance Review

Posted on August 29, 2025

1 min read

· Last updated: January 22, 2026

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Russia's Transneft reports 3.6% fall in second-quarter profit
Financial performance revenue growth
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MOSCOW (Reuters) -Second-quarter net profit of Russia's oil pipeline monopoly Transneft fell by 3.6% to 73.1 billion roubles ($904.19 million), the company said on Friday. Revenue edged up by 2.8% to

Transneft Sees 3.6% Decline in Q2 Profit to 73.1 Billion Roubles

Transneft's Financial Performance Overview

MOSCOW (Reuters) -Second-quarter net profit of Russia's oil pipeline monopoly Transneft fell by 3.6% to 73.1 billion roubles ($904.19 million), the company said on Friday.

Profit and Revenue Analysis

Revenue edged up by 2.8% to 357.9 billion roubles during the period.

Market Context and Implications

($1 = 80.8455 roubles)

(Reporting by Anton Koldyazhnyy Writing by Maxim RodionovEditing by Louise Heavens)

Key Takeaways

  • Transneft's Q2 profit decreased by 3.6%.
  • Profit fell to 73.1 billion roubles.
  • Revenue increased by 2.8% to 357.9 billion roubles.
  • The financial report reflects market challenges.
  • Exchange rate: $1 = 80.8455 roubles.

Frequently Asked Questions

What is net profit?
Net profit is the amount of money that remains after all expenses, taxes, and costs have been deducted from total revenue. It is an important indicator of a company's profitability.
What is revenue?
Revenue is the total income generated by a company from its business activities, typically from the sale of goods and services, before any expenses are deducted.

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