ОГК-2

ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 Releases RAS Accounting Statements for 9M 2020
27.10.2020

OGK-2 releases Accounting Statements for 9M 2020, prepared in accordance with Russian Accounting Standards (RAS).

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

9M 2019

9M 2020

Change (%)

Change (∆)

Revenue

99,594

88,466

-11.2%

-11,128

Cost of sales

80,177

73,249

-8.6%

-6,928

Gross profit

19,416

15,218

-21.6%

-4,198

Net profit

12,300

11,697

-4.9%

-603

EBITDA

25,377

25,063

-1.2%

-314

Company revenue totaled RUR 88 bln 466 mn, decreasing by 11.2% year-on-year.

Cost of sales was reduced to RUR 73 bln 249 mn, down by 8.6% on the account of strategy, aimed at production decrease at inefficient equipment in the face of lower consumption.

EBITDA decreased by 1.2% year-on-year, down to RUR 25 bln 063 mn. Gross profit totaled RUR 15 bln 218 mn (-21.6%). Net profit was lower by 4.9%, amounting to 11 bln 697 mn.

Detailed information about OGK-2 performance for the 9M 2020 in accordance with RAS is available at the company’s website in the RAS Accounting Reports section.

For reference:

OGK-2 is a heat generator 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
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