CJSC MICEX Stock Exchange upgraded the common stock of OJSC of Inter RAO UES from the B quotation list to the A1 quotation list, the company informed.
OJSC Inter RAO UES (tax number: 2320109650) was established in May 1997 following the decision of the founder, OJSC RAO UES Rossii. It is the largest electric power export and import operator in Russia which manages numerous power assets in the Russian Federation and abroad.
The authorized capital of Inter RAO UES reached RUB 272.997 billion (the par value of one common share being RUB 0.02809767). The principal shareholders of OJSC of Inter RAO UES are: CJSC INTER RAO Capital, a subsidiary of Inter RAO UES (30%), FSK EES Group (15.12%), Rosimushchestvo (14.8%), OJSC MMC Norilsk Nickel (11.147%), CJSC Atomstroyexport (7.3%), Vnesheconombank (5.4%), RusHydro Group (5.3%).
Net loss (IFRS) of OJSC Inter RAO UES for 6 months 2012 was RUB 10.2 billion against a profit of RUB 50 billion for H1 2011. Revenue decreased by 3.2% to RUB 264.6 billion from RUB 273.3 billion. Operating expenses increased by 5.3% to RUB 274.7 billion from RUB 260.9 billion.
According to the information and retrieval system DataCapital, net profit (RAS) of Inter RAO UES for 9 months 2012 increased by 24.4% to RUB 4.019 billion from RUB 3.229 billion for 9 months 2011. Revenue decreased by 43.6% to RUB 31.8 billion from RUB 56.382 billion. Sales loss was RUB 100.709 million against a profit of RUB 2.672 billion. Pre-tax profit rose 2.08-fold to RUB 8.277 billion from RUB 3.945 billion.