MOEK's profit under IFRS increased 4 times in 9 months

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AK&M 12 November 2026 18:22

MOEK's profit under IFRS for the first 9 months of 2026 increased 4-fold to 7.726 billion rubles from 1.9 billion rubles a year earlier. This was announced by the company.

Revenue increased by 23% and amounted to 171.76 billion rubles against 139.766 billion rubles. Operating expenses increased by 19% to RUB 164.29 billion. EBITDA reached 23.677 billion rubles, which is 60% more than in 2025.

PJSC MOEK is a unified heat supply organization in Moscow that provides centralized heating and hot water supply to the capital in the area of operation of the Mosenergo CHPP, its own heat supply sources, as well as other heat generation facilities, with the exception of small local heat supply areas from isolated departmental and corporate heat sources. 

The activities of PJSC MOEK include transportation, distribution and marketing of thermal energy, provision of activities and development of a centralized heat supply system, as well as generation of thermal energy.

The net profit of PJSC "MOEK" for 9 months of 2026 according to RAS amounted to 4.8 billion rubles. A year earlier, a loss of 1.079 billion rubles was recorded. Revenue increased by 22% to 166.6 billion rubles from 136.225 billion rubles, EBITDA increased by 76% to 23.1 billion rubles from 13.138 billion rubles. Gross profit amounted to 2.48 billion rubles against a loss of 1.08 billion rubles.