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Tyumenenergo 12-month IFRS net profit decreased by 31.36% in 2016

IFRS net profit of JSC Tyumenenergo, its subsidiaries and affiliates for 2016 decreased by 31.36% to RUB 4.442 billion from RUB 6.472 billion the year before, the company reported.

Revenue increased by 7.09% to RUB 57.268 billion from RUB 53.478 billion, profit from operations decreased by 25.74% to RUB 5.214 billion from RUB 7.021 billion, pre-tax profit by 28.08% to RUB 5.786 billion from RUB 8.045 billion.

JSC Tyumenenergo (tax number: 8602060185) is the largest power supply system of the Ural region ranking the second largest power supply system in the Russian Federation, officially recognized as an inter-regional distribution company. Tyumenenergo's centralized electric power supply covers an area of over 1.4 million sq. km. The company has 9 branches.

Tyumenenergo's authorized capital is RUB 27.374 billion. It consists of 273,738,951 common shares with a face value of RUB 100 each. No preferred shares are issued. The sole shareholder of Tyumenenergo is PJSC ROSSETI.

IFRS net profit of JSC Tyumenenergo for H1 2016 decreased by 31.54% to RUB 2.28 billion from RUB 3.33 billion for the same period in 2015. Revenue increased by 9.41% to RUB 27.844 billion from RUB 25.448 billion, profit from operations decreased by 23.11% to RUB 2.517 billion from RUB 3.273 billion, pre-tax profit by 24.45% to RUB 2.905 billion from RUB 3.845 billion.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of JSC Tyumenenergo for 2016 decreased by 37.75% to RUB 2.301 billion from RUB 3.696 billion the year before. Revenue increased by 7.25% to RUB 57.39 billion from RUB 53.511 billion, sales profit by 29.4% to RUB 3.204 billion from RUB 4.538 billion, pre-tax profit by 30.03% to RUB 3.633 billion from RUB 5.193 billion.

"AK&M", 17.03.2017 14:42


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