Date: 7 months ago   Category: Energy

"Quadra" in nine months passed from a loss to a profit of 1.1 billion rubles — Rambler News Service


The net profit of the Kvadra energy company under the Russian accounting standards (RAS) in January — September, 2018 was 1.08 billion rubles against net loss of 16.7 million rubles for the same period of last year, it is told in the report of the company. The revenue of the company grew for the reporting period by 2.5% and reached 36.127 billion rubles. Cost of sales was 31.569 billion rubles that is 3% less, than for the same period of 2017. Profit before taxation in January — September of the current year was 1.774 billion rubles, having increased by 11 times in comparison with an indicator in nine months of last year. "Quadra" is engaged in electricity generation on thermal power plants. The general established electric power of the company — 2.9 GW, thermal — 13.6 thousand Gcal/hour.

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