The Board of Directors of PJSC RusHydro unanimously appointed Victor Khmarin as the company's Chairman of the Management Board – General Director for a new 5-year term, RusHydro informed.
Victor Khmarin has been appointed acting Chairman of the Management Board – General Director of RusHydro Group since November 10, 2020 following appointment of Nikolay Shulginov as the Minister of Energy of the Russian Federation. Prior to the appointment Victor Khmarin has been a member of the Management Board, First Deputy Director General.
Victor Khmarin joined RusHydro in 2015 as Deputy Director General on economics, investments and procurement and was later appointed as Deputy Director General on resource allocation and prospective development. In 2019, he became a member of the Management Board and in September 2020 was appointed as First Deputy Director General.
PJSC Federal Hydro-Generating Company – RusHydro (tax number: 2460066195) unites 90 renewable power generation facilities in Russia and abroad, heat power plants and grid assets in the Far East, as well as power supply companies, research and development institutes. The company's authorized capital is RUB 426.289 billion.
IFRS net profit of RusHydro for 2019 dropped 49.5 times to RUB 643 million from RUB 31.837 billion a year earlier. EBITDA amounted to RUB 97.5 billion, adjusted net profit reached RUB 51.6 billion. Revenue totaled RUB406.6 billion increasing by 1.6% YoY. Total assets reached RUB 925.1 billion.
RAS net profit of PJSC RusHydro for Q1 2020 increased by 14% year-on-year to RUB 14.3 billion. EBITDA increased by 25% to RUB 24.4 billion. Revenue amounted to RUB 34.7 billion (+19% YoY).
