Date: 4 months ago   Category: Energy

The net profit of BESK decreased in the III quarter by 36.7% — to 403 million rubles — Rambler News Service


The Bashkir electric grid company (BESK, is included into AFK "Sistema") got net profit according to the International Financial Reporting Standards (IFRS) in the III quarter 2018 of 403 million rubles that is 36.7% less in comparison with an indicator for the same period of last year. It follows from the report of "System". The revenue of the company increased in the III quarter by 9.9% and was 4.497 billion rubles. The net profit of the company for January — September decreased by 9.2% and was 1.803 billion rubles. Revenue in nine months increased by 9.5% and reached 13.801 billion rubles. On June 29, 2017 the head of FGC Andrey Murov said that the company plans to acquire a part of network assets of BESK. He explained that it is about high-level networks which belong to BESK. On February 16, 2018 Murov confirmed the interest of the company in an asset and explained that the FGC is ready to return to negotiations in case it is a question of sale of main network assets of BESK. At the end of June, 2018 Murov reported that the FGC plans to begin subject negotiations on acquisition of the BESK high-level networks in the second half of the year 2018.

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