Russia's Freight One, a subsidiary of state monopoly Russian Railways, has posted a net profit of 4.4 billion rubles ($147 million) for 2009, down 50 percent on the previous year, in its first ever release of corporate results to IFRS the company said on Wednesday.
Revenue rose 47% to 75.6 billion rubles, Freight One said.
MOSCOW, January 26 (RIA Novosti)