Finance

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

Published by Global Banking and Finance Review

Posted on August 29, 2025

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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 357.9 billion roubles during the period.

($1 = 80.8455 roubles)

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

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