OREANDA-NEWS. JSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces its non-consolidated financial results under Russian accounting standards (RAS) for the first six months of 2013.

Key highlights:

Strong half-yearly results of the core hydropower generation business on high storage levels and affluent water inflows, cost control;

In 2Q 2013 revenue increased 20%, in 1H 2013 - 23%;

2Q 2013 EBITDA - RUR 17.4 bn (+45%), 1H 2013 EBITDA - RUR 33.5 bn (+41%);

EBITDA margin in 2Q - 60.6% (+10.4 p.p.), in 1H - 61.9% (+8,1 p.p.);

Net profit in 1H - RUR 19.6 bn (+48%), adjusted 1H net profit - RUR 23.7 bn (+50%);

In 1H 2013, operating expenses were up only 3%.