MRSK South BOD is going to hold a sitting July 28 to elect a general director, the company informed.
At the previous sitting July 9 a chairman and deputy chairman were elected.
MRSK South (TIN 6164266561) was registered in 2007 within the realization of the UES restructuring aimed to decentralize the interregional dispatching network companies. It involves Kubanenergo, Rostovenergo, Vologradenergo, Astrakhanenergo, Kalmenergo.
The share capital is worth 4.981bn rub. split in 49811096064 common stocks of 0.1 rub. par each. Russian Grids is a major holder (51.66%).
The 2013 net profit (IAS) dropped 6.58 fold to 194.112mln rub. from 1.277bn rub. prior year; revenues being up 12.45% to 27.311bn rub. from 24.286bn rub.; operating profit dropped 28.15% to 2.348bn rub. from 3.268bn rub.; pretax profit - 2.83 fold to 601.796mln rub. from 1.701bn rub.
The 2013 net profit (RAS) reached gained 27.19mln rub./ vs. 3.303bn in losses prior year period; revenues moved up 16.88% to 27.426bn rub. from 23.464bn rub.; profit from sales - 2.23 fold to 3.418bn rub. from 1.532bn rub.; pretax profit gained 387.544mln rub. vs. 3.461bn rub. in losses prior year.
The IQ 2014 net losses reached (RAS) 224.702mln rub. vs. 38.251mln rub. in profit; revenues moved up 15.25% to 7.415bn rub. from 6.434bn rub.