MOSCOW (Reuters) -Russian oil pipeline monopoly Transneft's third-quarter net profit declined 3.3% year-on-year to 79.3 billion roubles ($1.01 billion), the company said on Friday. Transneft, which
Transneft's Q3 Net Profit Falls 3% to $1 Billion
MOSCOW (Reuters) -Russian oil pipeline monopoly Transneft's third-quarter net profit declined 3.3% year-on-year to 79.3 billion roubles ($1.01 billion), the company said on Friday.
Transneft, which handles more than 80% of all the oil extracted in Russia, also said its July-to-September revenue rose to 360.3 billion roubles from 344.6 billion roubles in the same period a year earlier.
($1 = 78.1500 roubles)
(Reporting by Anastasia Teterevleva; Writing by Vladimir Soldatkin; Editing by Joe Bavier)
