Date: 7 months ago   Category: Energy

The profit of Mosenergo under RAS has decreased in nine months almost by 20% — to 14,4 billion rubles — Rambler News Service


The Mosenergo energy company has increased net profit under the Russian accounting standards (RAS) in January-September, 2018 by 19,4% in comparison with an indicator for the same period of last year — to 14,431 billion rubles, the company reports. The revenue of the company following the results of January — September, 2018 has made 136,187 billion rubles, having increased by 0,5% in comparison with a similar indicator of last year. As the company explains, growth of revenue is connected generally with increase in a holiday of thermal energy because of lower air temperature in the I quarter 2018 and also increase in the average price of electricity. Cost of sales has increased by 3,1% and has made 117,828 billion rubles. Profit before the taxation has made 18,577 billion rubles against 21,234 billion rubles for the same period of last year (decrease by 12,5%). EBITDA indicator following the results of the reporting period was reduced by 11,1% — to 27,63 billion rubles. 15 power plants with an established electric power of 12,9 GW and with a thermal power of 42,8 thousand Gcal/hour are a part of Mosenergo. Power plants of the company deliver more than 60% of the electric energy consumed in the Moscow region and provide 80% of needs of Moscow for thermal energy. The main shareholder of the company is Gazprom energoholding.

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