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Mosenergo Group IFRS Profit for 9M 2021 Increased by 37.4%

·2-min read

PJSC Mosenergo / Key word(s): Miscellaneous/9 Month figures
Mosenergo Group IFRS Profit for 9M 2021 Increased by 37.4%

03-Nov-2021 / 12:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

November 3, 2021

Moscow

  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.

 

Consolidated Statement of Comprehensive Income, Key Figures, (mn RUR)

9M 2020

9M 2021

Change

Revenue

122,108

155,317

+27.2%

Operating Costs

(116,803)

(145,823)

+24.8%

EBITDA(1)

21,264

25,929

+21.9%

Depreciation and Amortization

(17,203)

(17,915)

+4.1%

Operating Profit

4,061

8,014

+97.3%

Profit for the Period

5,344

7,341

+37.4%

 

 (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.

MOSENERGO PR DEPARTMENT
 

Tel.:

Fax:

Е-mail:

Website:

(495) 957-1-957, ext. 2282, 2290

 (495) 957-37-99

press-centre@mosenergo.ru

http://www.mosenergo.ru

03-Nov-2021 CET/CEST The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

PJSC Mosenergo

Vernadskogo prospect, 101 bld. 3

119526 Moscow

Russia

Phone:

+7 495 957 1 957

Fax:

+7 495 957 32 00

E-mail:

mosenergo@mosenergo.ru

Internet:

www.mosenergo.ru

ISIN:

US0373763087, RU0008958863

WKN:

899416

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; Moscow

EQS News ID:

1245664


 

End of Announcement

EquityStory.RS, LLC News Service

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