Date: 3 months ago   Category: Energy

"Quadra" in the I half-year has increased net profit under RAS by 1,8 times — Rambler News Service


The Kvadra energy company has increased in January-June, 2018 net profit under the Russian accounting standards (RAS) by 1,8 times in comparison with an indicator for the same period of last year — to 2,524 billion rubles, it is told in the report of the company. Following the results of January — June, 2017 the company has got a profit of 1,423 billion rubles. The revenue of the company has grown for the reporting period by 3,4% and has reached 28,773 billion rubles against 27,822 billion rubles following the results of January — June, 2017. Cost of sales has decreased by 1,9% — up to 23,741 billion rubles. Profit before the taxation has made in January — June of the current year 3,345 billion rubles against 1,882 billion rubles for the first six months 2017 (growth by 1,8 times). "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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