Inter RAO's net profit under IFRS fell by 5 in 9 months%

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AK&M 01 December 2023 18:20

Inter RAO's net profit under IFRS for the first 9 months of 2023 fell by 5% to 97.2 billion rubles from 102.3 billion rubles a year earlier. Revenue increased by 7.3% to RUB 969.2 billion from RUB 903.4 billion. EBITDA decreased by 4.5% to RUB 127.3 billion from RUB 133.2 billion.

Inter RAO (PJSC Inter RAO UES, TIN 2320109650) was established in May 1997 on the basis of the decision of the founder, JSC RAO UES of Russia, is Russia's largest electricity export-import operator, manages numerous energy assets.

Inter RAO's net profit for the first half of 2023 decreased by 12% to RUB 67.8 billion from RUB 77 billion a year earlier. Revenue increased by 4.5% to RUB 657.4 billion from RUB 629.2 billion. EBITDA decreased by 13.8% to 88.4 billion rubles from 102.5 billion rubles.