trending Market Intelligence /marketintelligence/en/news-insights/trending/r2KQ0-YDYh7AWNy_6s5mlw2 content esgSubNav
In This List

Transneft Q3 profit climbs YOY

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Transneft Q3 profit climbs YOY

PJSC Transneft said its normalized net income for the third quarter came to 40.10 billion rubles, an increase from 39.48 billion rubles in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 18.3% from 18.7% in the year-earlier period.

Total revenue increased on an annual basis to 219.55 billion rubles from 211.64 billion rubles, and total operating expenses grew 5.4% on an annual basis to 157.01 billion rubles from 148.99 billion rubles.

Reported net income came to 53.02 billion rubles, compared with 48.04 billion rubles in the year-earlier period.

As of Nov. 29, US$1 was equivalent to 58.52 Russian rubles.