04.08.2017, 17:45
TGC-1 1H 2017 IFRS EBITDA Grew by 6.2%
Source: TGK1
OREANDA-NEWS. Consolidated TGC-1 Group revenue for 6M 2017 increased by 8.3% year-on-year, up to RUB 44,691 mln, on the account of factors, including increased capacity volume sold at capacity auction, growing revenue from capacity supply under CDA and exports from the Vuoksa HPPs Cascade.
Operating expenses for 1H 2017 grew by 9.7% year-on-year, up to RUB 36,402 mln, among other things, on the account of increased fuel expenses.
TGC-1 operating profit for 1H 2017 increased by 2.3% year-on-year totaling RUB 8,289 mln. EBITDA amounted to RUB 12,356 mln, up by 6.2% year-on-year.
Profit for 1H 2017 remained flat year-on-year, at RUB 5,820 mln.
Full TGC-1 6M 2017 results under IFRS are available at the corporate website in the «Reports» section.
Operating expenses for 1H 2017 grew by 9.7% year-on-year, up to RUB 36,402 mln, among other things, on the account of increased fuel expenses.
TGC-1 operating profit for 1H 2017 increased by 2.3% year-on-year totaling RUB 8,289 mln. EBITDA amounted to RUB 12,356 mln, up by 6.2% year-on-year.
Profit for 1H 2017 remained flat year-on-year, at RUB 5,820 mln.
Full TGC-1 6M 2017 results under IFRS are available at the corporate website in the «Reports» section.
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