Russian: Railways reports Profits!
“Russian Railways said its net profit more than doubled in the first half of this year compared to the same period of 2006, to about RUR 25.32 billion (approx. $984m) under Russian accounting standards. Revenue was up 18.9 percent at RUR 469.1 billion (approx. $18.2bn). Freight traffic climbed 19.2 percent to RUR 371.87 billion (approx.