Date: 2 months ago   Category: Energy

The net profit of RusHydro according to IFRS in the III quarter decreased on a quarter — to 6.4 billion rubles — Rambler News Service


The net profit of RusHydro according to the International Financial Reporting Standards (IFRS) in the III quarter 2018 decreased by 25.4% in comparison with an indicator for the same period of last year and was 6.345 billion rubles, it is told in the report of the company. The net profit of the company for January — September increased by 39.7% — to 43.033 billion rubles. The revenue of the company in the III quarter increased by 14.6% and was 77.619 billion rubles. Operating expenses made 73.702 billion rubles that is 7.6% more than an indicator for the same period of last year. Profit before taxation was 10.508 billion rubles against 13.031 billion rubles in the third quarter 2017 (decrease by 19.4%). The corrected net profit in the reporting period was 9.973 billion rubles that is 16.5% more than a similar indicator of 2017. The revenue of the company in January — September increased by 4% and was 258.472 billion rubles. Operating expenses made 227.777 billion rubles that is 5.4% more than an indicator for the same period of last year. Profit before taxation in January-September was 56.233 billion rubles against 43.92 billion rubles in January-September, 2017 (growth by 28%). The corrected net profit in the reporting period was 48.41 billion rubles that is 18.5% more than a similar indicator of 2017. The indicator of EBITDA was in the third quarter of 21.067 billion rubles that is 5% more than value for the same period the previous year. In January-September the indicator of EBITDA was 81.016 billion rubles that is 13.1% more, than for the same period of last year.

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