TGC-2 Financial Results for 1 Quarter 2013 Increased
OREANDA-NEWS. According to the results of 1 quarter 2013 TGC-2 net profit has been 1,187 billion rubles, it is more than on 2011, 1 quarter for 2,5%.
The TGC-2 proceeds on January-March 2013 has been increased on 6,9 % and has been 10,403 billion rubles.
The electric power sale proceeds has been increased on 12, 2 % and has been 4,359 billion rubles, from heat energy sale proceeds – on 3,7 % and 5,313 billion rubles. TGC-2 gross profit has been increased in comparison with last year results and has been 1,822 billion rubles.
TGC-2 is a leading heat and power company in the Northern and Northwest parts of Russia. The Company activities cover heat and power production as well as sale of heat (steam and hot water) to consumers. TGC-2 comprises generating capacities of 6 regions - Arkhangelsk, Vologda, Kostroma, Novgorod, Tver and Yaroslavl. General director is Vladlen Alexandrovich.
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