Unipro PJSC publishes the accounting statements prepared in accordance with the Russian Accounting Standards (RAS) for nine months of 2019.
Over January-September of this year Unipro’s PJSC revenue totalled RUB 61.4 bn (+6.9% compared to the same period of 2018).
The lower revenue growth for 9 months of this year (+6.9%) versus HY1 (+13%) was caused by the reduced generation volume in Q3, which was fully compensated by the following factors:
reduction in variable costs associated with the lower generation volume;∙
increase in the DAM electric power prices and indexation of the price of regulated contracts;
increase in the capacity fee due to the increased KOM price and increased capacity supply volume as a result of higher equipment availability.
As a result, the revenue for 9 months of this year increased, and the cost of sales remained at the level of 2018 and amounted to RUB 43.2 bn.
Net profit from January to September 2019 amounted to RUB 13.5 bn (+2.3% compared to the same period of 2018).
Financial highlights of Unipro PJSC over 9M 2019 (RUB thous)
|
|
9M 2019 |
9M 2018 |
Dynamics |
|
Revenue |
61,381,133 |
57,425,648 |
6.9% |
|
Cost of sales |
43,192,340 |
43,307,263 |
-0.3% |
|
Profit before tax |
16,777,388 |
16,033,880 |
4.6% |
|
Net profit |
13,510,733 |
13,202,924 |
2.3% |