PJSC Mosenergo / Key word(s): Miscellaneous/9 Month figures
November 3, 2021
Mosenergo Group IFRS Profit for 9M 2021 Increased by 37.4%
Mosenergo releases abbreviated unaudited interim consolidated financial statements (prepared in accordance with IFRS) for the 9 months ended September 30, 2021.
(1) Calculated as "Operating Profit + Depreciation and Amortization + impairment loss / reversal for non-financial assets".
PJSC "Mosenergo" and subsidiaries (Mosenergo Group) revenue for 9M 2021 increased by 27.2% year-on-year, up to RUR 155,317 mn. The reason for the increase was positive operational performance dynamics on the back of growing electricity consumption, weather factor and early 2021-2022 heating season.
Operating costs for 9M 2021 grew by 24.8% up to RUR 145,823 mn, resulting from growing electricity and heat output.
EBITDA amounted to RUR 25,929 mn (+21.9% year-on-year).
Mosenergo Group IFRS profit for 9M 2021 increased by 37.4%, up to RUR 7,341 mn.
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