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Inter RAO increased 12-month RAS net profit by 20.9% in 2018

RAS net profit of PJSC Inter RAO for 2018 grew by 20.9% to RUB 18.9 billion from RUB 15.7 billion a year earlier, the company informed.

Revenue increased by 31.5% to RUB 53.9 billion from RUB 41 billion, gross profit 2.2 times to RUB 17.8 billion from RUB 8.1 billion.

PJSC Inter RAO UES (short name: PJSC Inter RAO, tax number: 2320109650) was established in May 1997 following the decision of the founder, OJSC RAO UES of Russia. It is the largest electric power export and import operator in Russia which manages numerous power assets in the Russian Federation and abroad. The total installed electrical capacity of the company's power plants is 33.487 GW, heat capacity is 25.731 thousand GCal/h.

The authorized capital of Inter RAO UES reached RUB 293.34 billion. It consists of 10,440,000,997,683 common shares with a face value of RUB 0.02809767 each. The company's shareholding structure includes its subsidiary JSC Inter RAO Capital (29.4168%), FGC UES Group (12.24%), JSC Rosneftegaz (27.63%), Vnesheconombank (0.037%).

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of PJSC Inter RAO for H1 2018 grew by 93.62% to RUB 7.941 billion from RUB 4.101 billion for the same period in 2017. Revenue increased by 6.05% to RUB 19.945 billion from RUB 18.806 billion, sales profit was RUB 1.351 billion against a loss of RUB 316.716 million a year earlier, pre-tax profit grew 4.59 times to RUB 8.814 billion from RUB 1.918 billion.

"AK&M", 11.02.2019 12:08


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