ОГК-2

ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 IFRS Profit for 1H 2019 grew by 47%
12.08.2019

OGK-2 releases unaudited interim abbreviated consolidated Financial Statements for the six months, ended June 30, 2019, prepared in accordance with International Financial Reporting Standards (IFRS).

Highlights of the Consolidated Income Statement
(mn RUR)

6М 2018

6М 2019

Change (%)

Change (∆)

Revenue

71,129

69,303

-2.6%

-1,826

Operating Expenses

60,010

55,534

-7.5%

-4,476

Operating Profit

10,221

13,600

+33.1%

+3,379

EBITDA*

16,526

20,252

+22.5%

+3,726

Profit for the Period

6,564

9,649

+47.0%

+3,085

* EBITDA= Operating profit + Depreciation and Amortization.

The Group revenue for 6M 2019 totaled RUR 69,303 mn, down by 2.6% year-on-year.

Operating expenses totaled RUR 55,534 mn, declining by 7.5% year-on-year, mostly, on the account of lower fuel costs, resulting from operational optimization.

Thus, operating profit increased by 33.1% year-on-year up to RUR 13,600 mn. EBITDA totaled RUR 20,252 mn(+22.5%). Profit grew by 47.0% year-on-year up to RUR 9,649 mn.

The detailed information about OGK-2 performance for 6M 2019 in accordance with IFRS is available at the company’s website in the IFRS Financial Reports section.


For reference:

OGK-2 is a leading thermal generator, including 12 active power plants: Kirishskaya State District Power Plant, Krasnoyarskskaya State District Power Plant 2, Pskovskaya State District Power Plant, Novocherkasskaya 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, Adlerskaya TPS and Groznenskaya TPS. 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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