CEO: RusHydro expects 2019 IFRS net profit flat on year
KRASNOYARSK, Mar 29 (PRIME) -- Russian hydropower giant RusHydro has the target of keeping its net profit in 2019 at least flat on the year, as calculated under International Financial Reporting Standards (IFRS), CEO Nikolai Shulginov told PRIME on Friday on the sidelines of the Krasnoyarsk Economic Forum.
“We will work so that it is not smaller,” he said.
In 2018, RusHydro’s IFRS net profit grew by 28.5% on the year to 31.837 billion rubles.
(64.8012 rubles – U.S. $1)
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29.03.2019 09:03