Rosseti Nine-Month Net Profit Rose on Higher Revenue

Rosseti Nine-Month Net Profit Rose on Higher Revenue

Rosseti PJSC on Friday reported a 35% rise in net profit for the first nine months of the year on higher revenue.

The Russian electricity transmission and distribution grid company made a net profit of 104.8 billion Rubles ($1.40 billion) for the nine months ended Sept. 30, compared with RUB77.9 billion for the same period last year.

Revenue rose to RUB798.8 billion from RUB719.3 billion.

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