ОАО Вторая генерирующая компания оптового рынка электроэнергии
OGK-2 RAS Net Profit for the 2019 grew by 6.3%
Company revenue totaled RUR 134 bln 247 mn, decreasing by 4.7% year-on-year, сost of sales decreased to RUR 109 bln 123 mn, down by 6.8%. The dynamics were considerably influenced by operating activity optimization.
EBITDA increased by 4.8% year-on-year, up to RUR 28 bln 944 mn. Gross profit totaled RUR 25 bln 124 mn (+5.7%). Net profit grew by 6.3% to 11 bln 852 mn. However net profit for 4Q 2019 decreased on the account of provision for devaluation of financial investments, on the back of corporate measures, concerning OGK-Investproject.
Detailed information about OGK-2 performance in accordance with RAS is available at the company’s website in the RAS Accounting Reports section.
OGK-2 is a heat generating company. The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).
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