Russian Railways reports higher net profit
The net profit of Russian Railways amounted to RUR7.4bn (approx. USD279m) in January 2007, which is 76.2 percent higher than the forecast, the company's press office reported today according to RBC.
The company transported 107.2m tonnes of cargo in January 2007, which is 12.8 percent higher than in January 2006. Profit from transportation grew 20.6 percent in January 2007.