MOSCOW, September 26 (RIA Novosti) - The Russian oil pipeline monopoly Transneft's first half-year (H1) net profits rose 23.4% against the same period of 2004 and reached $938.94 million according to International Accounting Standards, the company's official Web site said.
Pre-tax H1 profits were $1.27 billion compared to $1.02 billion last year.