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Irkutskenergo increased net profit.

The IH 2014 net profit at Irkutskenergo increased 27.44% (RAS) to 6.023bn rub. from 4.726bn rub. prior year, the company informed.

The revenues dropped 27.51% to 26.15bn rub. from 36.073bn rub.; profit from sales being up 5.47% to 7.912bn rub. from 7.502bn rub.; pretax profit - 31.58% to 7.933bn rub. from 6.029bn rub.

Irkutskenergo (TIN 3800000220) is an energy generating complex located in Irkutsky and Krasnoyarsky regions. It involves the cascade of three GESs,

9 heat nodes, 6 coal pits at Vostsibugol, 2 transport agencies and enrichment plant. The capacities of GESs are of 12.9 GW in total.

The Federal property agency keeps 40%; 50.19% being held by EvroSibEnergo (owned by En+ Group). The share capital is equal to 4.767bn rub. split in 4766807700 common stocks of 1 rub. par.

The IH 2013-net profit (IAS) declined 38.64% to 3.89bn rub. from 6.34bn rub. prior year period; revenues moved up 6.54% to come to 42.425bn rub.

from 39.819bn rub.; pretax profit declined 28.09% to 5.442bn rub. from 7.568bn rub.; operating profit - 27.4% to 5.954bn rub. from 8.201bn rub.

The 9-month net profit (RAS) moved down 20.23% to 6.587bn rub. from 8.257bn rub.; revenues - 6.8% to 48.989bn rub. from 52.562bn rub.; profit from sales - 5.91% to 10.088bn rub. from 10.722bn rub.; pretax profit - 21.18% to 8.263bn rub. from 10.482bn rub.

"AK&M", 31.07.2014


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