ОАО Вторая генерирующая компания оптового рынка электроэнергии
OGK-2 Group Profit for 2019FY grew by 45%
* EBITDA = Operating profit + Depreciation and Amortization.
The Group revenue totaled RUR 134,579 mn, down by 6% year-on-year, resulting, in large measure, from operational optimization.
Operating expenses totaled RUR 116,285 mn, reduced by 8.7% year-on-year, mostly, on the account of lower fuel purchases on the back of decreased electricity output.
Operating profit increased by 26.7% year-on-year up to RUR 17,838 mn. EBITDA totaled RUR 31,203 mn(+15.3%). Profit grew by 44.8% year-on-year up to RUR 12,025 mn.
The detailed information about OGK-2 performance for 2019FY
in accordance with IFRS is available at the company’s website in the IFRS Financial Reports section.
OGK-2 is a thermal generator. The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).
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