Russian oil pipeline monopoly OAO Transneft (TRNFP.RS) Monday said first-quarter net profit rose 27% on the year as revenue climbed 17%, the Prime-Tass news agency reported.
State-controlled Transneft said net profit under International Financial Reporting Standards totaled 23.18 billion rubles ($918 million), while revenue reached RUB63.62 billion rubles.
The agency didn't give any more details.