ОГК-2

ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 RAS Net Profit for 1Q 2019 grew by 33%
26.04.2019

OGK-2 releases its Accounting Statements for 1Q 2019, prepared in accordance with Russian Accounting Standards (RAS).

Key Highlights of the Statement of Financial Results (mn RUR)

1Q 2018

1Q 2019

Change (%)

Change (∆)

Revenue

39 016

37 441

-4,0%

-1 575

Cost of sales

31 255

28 488

-8,9%

-2 767

Gross profit

7 762

8 952

+15,3%

+1 190

Net profit

4 932

6 548

+32,8%

+1 616

EBITDA

9 426

11 465

+21,6%

+2 039

Company revenue for 1Q 2019 totaled RUR 37 bln 441 mn, decreasing by 4.0% year-on-year. The dynamics were considerably influenced by operating activity optimization.

Cost of sales decreased to RUR 28 bln 488 mn, down by 8.9%.

EBITDA increased by 21.6% year-on-year, up to RUR 11 bln 465 mn.

Gross profit totaled RUR 8 bln 952 mn (+15.3%). Net profit grew by 32.8% to 6 bln 548 mn.


For reference:

OGK-2 is a leading heat generator comprising 12 active power plants. The Company includes: Adlerskaya TPS, Kirishskaya State District Power Plant, Krasnoyarskskaya State District Power Plant 2, Pskovskaya State District Power Plant, Novocherkasskskaya State District Power Plant, Ryazanskaya State District Power Plant, Serovskaya State District Power Plant, Stavropolskaya State District Power Plant, Surgutskaya State District Power Plant 1, Troitskskaya State District Power Plant, Cherepovetskaya State District Power Plant. The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).
  • Peterburgskoe highway 66,
  • Buid. 1, litera A, St. Peterburg, 196140, Russia
  • (812) 646-13-64
  • mail: office@ogk2.ru
  • Alevtina Tolstykh
  • E-mail: tolai@ogk2.ru
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