IFRS net profit of IDGC of Siberia, JSC for H1 2014 was RUB 1.257 billion against a loss of RUB 1.527 billion the year before, the company reported.
Revenue increased by 3.63% to RUB 31.584 billion from RUB 30.478 billion, profit from operations was RUB 2.228 billion against a loss of RUB 1.191 billion for the same period in 2013, pre-tax profit was RUB 1.599 billion against a loss of RUB 1.717 billion.
Interregional Distribution Grid Company of Siberia, Joint Stock Company (IDGC of Siberia, JSC, tax number: 2460069527, a subsidiary of JSC Russian Grids) is engaged in the transmission and distribution of power in Republics Altai, Buryatia, Tyva and Khakassia, Altai Krai, Zabaykalsky Krai and Krasnoyarsk Krai, Kemerovo, Omsk and Tomsk regions. IDGC of Siberia includes Altaienergo, Buryatenergo, Gorno-Altaiskiye Elektricheskiye Seti, Krasnoyarskenergo, Kuzbassenergo-RES, Omskenergo, Khakasenergo, Chitaenergo.
IFRS net loss of IDGC of Siberia, JSC for 2013 was RUB 1.141 billion against a profit of RUB 885.765 million the year before. Revenue increased by 28.68% to RUB 63.716 billion from RUB 49.515 billion, loss from operations was RUB 226.191 million against a profit of RUB 921.211 million for 2012, loss before tax amounted to RUB 1.386 billion against a profit of RUB 1.103 billion.
According to the DataCapital information retrieval system, RAS net profit of IDGC of Siberia, JSC for H1 2014 was RUB 1.598 billion against a loss of RUB 1.301 billion the year before. Revenue increased by 3.81% to RUB 31.14 billion from RUB 29.997 billion, sales profit by 81.94% to RUB 1.484 billion from RUB 815.411 million, pre-tax profit was RUB 2.065 billion against a loss of RUB 1.396 billion in H1 2013.