Date: 3 months ago   Category: Energy

OGK-2 increased net profit according to IFRS in 2018 by 15% — Rambler News Service


Energy company OGK-2 increased net profit according to the International Financial Reporting Standards (IFRS) following the results of 2018 by 15.3% in comparison with an indicator of the previous year — to 8.305 billion rubles, it is said in the statement of the company. The revenue of the company for 2018 was 143.227 billion rubles, having increased by 1.4% in comparison with an indicator of 2017. Operating expenses made 127.505 billion rubles that is 4.3% more, than the previous year. Operating profit was reduced by 9.9% and was 13.966 billion rubles. Profit before taxation grew by 2.4% and reached 10.392 billion rubles. The indicator of EBITDA reached 26.936 billion rubles that is 0.6% more than result of 2017. 11 production branches power plants are a part of OGK-2: Adler CHPS, Kirishi state district power plant, Krasnoyarsk GRES-2, Pskov GRES, Novocherkassk state district power plant, Ryazan state district power plant, Serov GRES, Stavropol GRES, Surgut-1 Power Station, Troitskaya GRES, Cherepovets state district power plant. The controlling shareholder of the company is Gazprom energoholding.

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