IFRS net profit of JSC Centerenergyholding for H1 2014 increased 4.64-fold to RUB 3.289 billion from RUB 709 million for the same period in 2013, the company reported.
Revenue increased by 5.58% to RUB 55.708 billion from RUB 52.765 billion, profit from operations by 3.29% to RUB 5.592 billion from RUB 5.414 billion, pre-tax profit 2.25 times to RUB 4.397 billion from RUB 1.954 billion.
JSC Centerenergyholding (tax number: 7729604395) is principally engaged in the management of holding companies. The company's authorized capital as of the end of H1 2014 was RUB 872.658 million (represented by 87,265,807,042 common shares at par value of RUB 0.01). The company's major shareholder is Gazprom energoholding LLC (99.591%).
IFRS net loss of JSC Centerenergyholding for 2013 decreased 4.05 times to RUB 346 million from RUB 1.402 billion the year before. Revenue increased by 7.45% to RUB 112.107 billion from RUB 104.336 billion, profit from operations by 1.66% to RUB 6.561 billion from RUB 6.454 billion, pre-tax profit was RUB 880 million against a loss of RUB 1.355 billion.
According to the DataCapital information retrieval system, RAS net loss of JSC Centerenergyholding for H1 2014 decreased 5.34 times to RUB 3.421 billion from RUB 18.265 billion in H1 2013. Sales loss decreased by 18.15% to RUB 6.644 million from RUB 8.117 million, loss before tax 5.21-fold to RUB 3.508 billion from RUB 18.267 billion the year before.