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Transneft pushed net profit upward.

The 9-month 2013 net profit at Transneft added 10% (RAS) to come to 8.6bn rub., the company informed.

The revenues moved up 2.5% to 527.4bn rub. from 514.4bn rub.; profit from sales rallied down 45% to 8.59bn rub.; commercial expenses - to 54.9bn rub.; management expenses increased to 6.8bn rub. from 5.9bn rub.

Transneft (TIN 7706061801) is a monopolist on the crude oil exports market. It keeps 48.505ths km of oil pipelines.

The share capital is worth 7.102mln rub. split in 5546847 common and 1554875 preferred stocks of 1 rub. par. The government has 78.1057% (100% voting); preferred stocks are held by the private persons.

The IQ 2013 net profit (IAS) declined 22% to 46.524bn rub.; revenues rose 1.4% to 183.871bn rub. from 181.35bn rub.; operating profit - 65.752bn rub. from 63.755bn rub.

The 2012 net profit (RAS) declined 4.4% to 10.652bn rub. from 11.142bn rub.; revenues moved up 8.6% to 687.139bn rub. from 632.78bn rub.

"AK&M", 13:16, 03.12.2013 1251 AKM,COR


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