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Novosibirskenergo net profit rallied up.

The IH 2014 net profit at Novosibirskenergo rallied up (RAS) 54.75 fold to 139.177mln rub. from 2.542mln rub., the company informed.

The revenues moved up 2.37 fold to 273ths rub. from 115ths rub.; losses from sales being down 15.07% to 1.431mln rub. from 1.685mln rub.; pretax profit doubled to 8.401mln rub. from 3.675mln rub.

The Company (TIN 5411100018) was formed on the basis of Novosibirsk energetic production association in 1993. Now it is one of the largest energetic companies in Russia; it holds 5 heat plants and GES of 2.977ths MW.

The share capital is equal to 160.66mln rub. split in 13520742 common and 2545732 preferred stocks of 10 rub. par.

The 2013-net losses (RAS) rallied 58.73% to 871.464mln rub. from 549.039 prior year; revenues rocketed down 683.35 fold to 164ths rub. from 112.07bn rub.; losses from sales - 2.52 fold to 2.809mln rub. from 7.088bn rub.; pretax losses increased 35.25% to 867.873mln rub. from 641.666mln rub.

The 2013-net losses (IAS) reached 512mln vs. 78mln rub. in profit; operating losses - 587mln rub. vs. 175mln rub. in profit; pretax losses - 678mln rub. vs. 259mln rub. in profit.

"AK&M", 24.07.2014


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