Publication date: 26.10.23
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Unipro publishes results on Russian Accounting Standards (RAS) for 9 months 2023

Unipro PJSC publishes financial statements for January-September 2023 prepared in accordance with Russian Accounting Standards (RAS).

In 9 months of 2023, Unipro's revenue increased by 10.3% compared to the same period of 2022 and amounted to RUB 90.5 bn.

Positive dynamics is due to the following factors:

  • growth in generation of electric power by Unipro’s power stations in January-September 2023 compared to the same period of 2022 by 4.1%;
  • growth in day-ahead market and competitive capacity auction prices (KOM);
  • receiving payments for capacity from June 2022 after the commissioning of the modernized power unit No.1 of Surgutskaya GRES-2;
  • increase in payments under agreements on capacity supply at power unit No.3 of Berezovskaya GRES.

Net profit of Unipro amounted to RUB 23.7 bn. It is worth mentioning that financial statements for 9 months of 2022 revealed the impairment of assets caused by changes in the forecast of macroeconomic indicators owing to the geopolitical environment.

Financial indicators of Unipro PJSC under Russian Accounting Standards for nine months of 2023 (thousand rubles):

 

9М 2023

9М 2022

Revenue

90,453,263

82,016,979

Cost of sales

(62,605,727)

(56,217,152)

Gross profit (loss)

27,847,536

25,799,827

Profit (loss) before taxation

29,530,890

(7,328,853)

Net profit (loss)

23,711,924

(5,763,979)