Supervisory Board of Eesti Energia Approved Financial Results
OREANDA-NEWS. June 25, 2008. At the meeting the supervisory board of Eesti Energia approved the group’s audited financial results, reported the press-centre of Eesti Energia.
According to the audit conducted by PricewaterhouseCoopers, the auditing company for Eesti Energia, the company revenues reached 581 million EUR, operating profit 64 million EUR and net profit 39 million EUR. Eesti Energia invested a total of 171 mln EUR in 2007/2008 financial year.
The financial results were primarily influenced by the ending of the sale of emissions allowances for carbon dioxide. The financial results were mainly supported by the growing domestic sale of electricity and increased exports to Finland.
The annual report of Eesti Energia will be available on the group’s website www.energia.ee by the end of July.
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