You're reading: Russian Railways posted RAS net profit of 16.8 billion rubles in 2011

MOSCOW - Russian Railways (RZD) had a net profit of 16.8 billion rubles to Russian Accounting Standards in 2011, RZD president Vladimir Yakunin said on Rossiya 24 television on April 3.

It was reported earlier that RZD had a net profit of about 78.5 billion rubles in 2010.