Date: 7 months ago   Category: Energy

Lenenergo has increased net profit according to IFRS in the I half-year by 8,5% — to 5,2 billion rubles — Rambler News Service


The Lenenergo energy company (enters into the Rosseti group) has increased net profit according to the International Financial Reporting Standards (IFRS) in January-June, 2018 by 8,5% in comparison with an indicator for the same period of last year — to 5,239 billion rubles, follows from the reporting of the company. The revenue of the company for the reporting period has increased for 6,9% and has made 36,359 billion rubles. Operating expenses have increased by 4,6% — to 28,85 billion rubles. Profit before the taxation has grown by 21,1% — up to 6,902 billion rubles. The indicator of EBITDA has grown by 8,3% and has made 14,508 billion rubles of Lenenergo — the distributive and network company which is included into structure of Rosseti holding, works in St. Petersburg and the Leningrad Region. Total transformer capacity of the company is 23 thousand MVA. Extent of air-lines on chains is 40,7 thousand km, the extent of cable lines — 21,2 thousand km.

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