IFRS net profit of FGC UES rises 29.5% to 39.9 bln rbl in JanЦJun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

IFRS net profit of FGC UES rises 29.5% to 39.9 bln rbl in JanЦJun

MOSCOW, Aug 22 (PRIME) -- The net profit of RussiaТs Federal Grid Company of Unified Energy System (FGC UES) rose 29.5% on the year to 39.9 billion rubles in JanuaryЦJune, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.

Revenue went up 15.7% on the year to 117.5 billion rubles in the period.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) shrank 1.4% to 69.2 billion rubles as the income of FGC UES from fines and overdue interest contracted by 600 million rubles, and financial incomes fell by 400 million rubles due to smaller dividends paid by power holding Inter RAO, the company said.

(67.1783 rubles Ц U.S. $1)

End

22.08.2018 10:22
 
 
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