OGK-2 releases Accounting Statements for the 1H 2021, in accordance with Russian Accounting Standards (RAS).
|
Key Highlights of the Statement of Financial Results (mn RUR) |
1H 2020 |
1H 2021 |
Change (∆) |
Change (%) |
|---|---|---|---|---|
|
Revenue |
60,169 |
66,284 |
6,115 |
+10.2% |
|
Cost of sales |
(47,858) |
(50,070) |
(+2,212) |
+4.6% |
|
Gross profit |
12,311 |
16,214 |
3,903 |
+31.7% |
|
Net profit |
10,635 |
11,922 |
1,287 |
+12.1% |
|
EBITDA |
20,291 |
21,580 |
1,289 |
+6.4% |
Company revenue totaled RUR 66 bln 284 mn, increasing by 10.2% year-on-year. The revenue increased on the account of growing electricity price and capacity supply under CSA-contracts.
Cost of sales increased to RUR 50 bln 070 mn, up by 4.6%.
Gross profit totaled RUR 16 bln 214 mn (+31.7%). EBITDA increased by 6.4% year-on-year, up to RUR 21 bln 580 mn.
Net profit increased by 12.1% to 11 bln 922 mn.
Detailed information about OGK-2 performance in accordance with RAS is available at the company’s website in the RAS Accounting Reports section.
For reference:
OGK-2 is a heat generating company. The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).