The net profit of Russian Railways is likely to amount to RUB 2.5bn (approx. USD 86.4m) in 2009 against the forecast of a RUB 24bn (approx. USD 829m) net loss. With this in mind, the net profit may see an 81.3-percent plunge in 2009 compared to the previous year. As reported earlier, Russian Railways posted a net profit of RUB 13.4bn (approx. USD 463m) in 2008 – 6.3 times lower than in 2008. (USD1 = RUB29.0184)
- Moscow: 06:55 14.11.2009
