Date: 3 months ago   Category: Energy

Net loss German RWE in the II quarter has made €458 million against profit the previous year — Rambler News Service


Net loss of the German energy company RWE has made in the II quarter 2018 €458 million against a net profit of €1,723 billion for the same period of last year, it is told in the report of the company. The net profit of the company in January — June has decreased by 16,5 times and has made €162 million. The revenue of RWE for the II quarter has decreased by 11,1% — to €2,805 billion. The loss before the taxation has made €288 million against €1,792 billion profit in the II quarter of last year. In the first half of the year the revenue of RWE has decreased by 8,7% — to €6,827 billion. Profit was reduced to the taxation by 34,6 times and has made €68 million against €2,354 billion in January — June, 2017. The corrected indicator of EBITDA was €825 million, having decreased by 27% to the level of January — June of last year. The net debt of the company as of June 30 has made €21,747 billion. As of December 31, 2017 the net debt made €20,227 billion. Thus, since the beginning of year the net debt of RWE has grown by 7,5%.

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