RZD’s 2016 Net Profit Up 20.4 Times to 107.8 M USD

OAO RZD’s got 6.5 B RUB (107.8 M USD) of net profit in 2016, the Gudok quotes OAO RZD President Oleg Belozerov. He made this statement in course of his speech at the Federation Council, the upper chamber of the Russian Parliament.

The company got 318 M RUB (5.3 M USD) of net profit in 2015; therefore, OAO RZD’s 2016 net profit showed a 20.4 times growth.