EL5-Energy's net profit under IFRS increased by 15.7% in the first quarter%

98
1
AK&M 02 May 2024 18:15

The net profit of PJSC EL5-Energo under IFRS for the first quarter of 2024 increased by 15.7% to 2.44 billion rubles from 2.1 billion rubles a year earlier. Revenue increased by 18.5% to RUB 19.42 billion from RUB 16.39 billion, EBITDA increased by 15.3% to RUB 4.7 billion from RUB 4.07 billion. This is stated in the company's message.

PJSC EL5-Energo is a Russian generating company. The production branches of PJSC EL5-Energo are three gas stations – Konakovskaya GRES, Nevinnomysskaya GRES and Sredneuralskaya GRES, as well as two wind farms – Azovskaya WPP and Kola WPP. Shares of PJSC EL5-Energo are included in the first-level quotation list of PJSC Moscow Exchange.

The share capital structure as of January 19, 2024: LUKOIL – 63.84%, PPIT-7 LLC – 5.54%, minority shareholders – 30.62%.

EL5-Energy's net profit according to IFRS for 9 months of 2023 amounted to 3.44 billion rubles. A year earlier, the company suffered a loss of more than 8 billion rubles. Net profit from ordinary activities increased by 40.4% to 3.49 billion rubles from 2.48 billion rubles. Revenue increased by 21.8% to RUB 44.24 billion from RUB 36.33 billion, EBITDA increased by 27.9% to RUB 8.84 billion from RUB 6.9 billion.