Unipro's net profit under IFRS for the first half of 2024 increased by 39.8% to RUB 21.7 billion from RUB 15.5 billion a year earlier. Revenue increased by 7.9% to 62.96 billion rubles from 58.34 billion rubles, EBITDA increased by 14.3% to 26.37 billion rubles from 23.07 billion rubles. This is stated in the company's message.
The positive dynamics is due to an increase in demand for electricity and, accordingly, an increase in electricity generation by Unipro stations in the I price zone by 4.5%. In addition, a higher level of readiness of the Berezovskaya GRES power unit No. 3 ensured an increase in payments for capacity under power supply agreements.
An additional factor in revenue growth was the receipt of increased payments under the program for the modernization of thermal power plants by unit No. 1 of Surgut GRES-2. Revenue growth was also influenced by an increase in market prices for the day ahead (RSV) and competitive power take-off (COM).
An additional driver of the growth of financial results was the results of systematic work on the collection and repayment of overdue receivables for the sale of thermal energy.
PJSC "Unipro" (until June 22, 2016 – JSC "E.HE IS Russia") was registered on March 4, 2005 in Surgut. The main activity is the production and sale of electric energy and power.
The authorized capital of the company is 25219482458.37 rubles, the nominal value of one share is 0.4 rubles.
According to Decree of the President of the Russian Federation No. 302 dated April 25, 2023, 83.73% of the shares of PJSC Unipro owned by the Uniper SE concern were transferred to the temporary management of the Federal Agency for State Property Management (Rosimushchestvo).
The net profit of PJSC Unipro in 2023 according to IFRS increased by 3.6% to RUB 22.04 billion from RUB 21.27 billion a year earlier. The group's revenue increased by 12.1% to RUB 118.6 billion from RUB 105.8 billion. EBITDA increased by 5.7% to RUB 44.25 billion from RUB 41.87 billion.
PJSC Unipro's RAS net profit for the first half of 2024 increased by 29.29% to RUB 21.78 billion from RUB 16.85 billion a year earlier. Revenue increased by 6.8% to 65.5 billion rubles from 61.3 billion rubles, gross profit – by 12.91% to 22.4 billion rubles from 19.85 billion rubles, profit before tax – by 29.28% to 27.13 billion rubles from 20.99 billion rubles.
