ОАО Вторая генерирующая компания оптового рынка электроэнергии
OGK-2 Releases RAS Accounting Statements for 9M 2020
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.
OGK-2 is a heat generator The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).
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