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

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

    Published by Global Banking and Finance Review

    Posted on August 29, 2025

    1 min read

    Last updated: January 22, 2026

    Russia's Transneft reports 3.6% fall in second-quarter profit - Finance news and analysis from Global Banking & Finance Review
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    Tags:Financial performancerevenue growth

    Quick Summary

    Transneft's Q2 profit fell by 3.6% to 73.1 billion roubles, while revenue rose by 2.8% to 357.9 billion roubles, highlighting financial challenges.

    Table of Contents

    • Transneft's Financial Performance Overview
    • Profit and Revenue Analysis
    • Market Context and Implications

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

    1What 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.

    2What 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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