01:53 GMT +323 June 2018

Mosenergo's IFRS net profit at $84.8 mln in Jan-Mar 08

21:12 18.06.2008Get short URL

MOSCOW, June 18 (RIA Novosti) - Moscow's electric power utility Mosenergo [RTS: MSNG] said on Wednesday that its consolidated net profit calculated to International Financial Reporting Standards (IFRS) grew over threefold year-on-year to 2 billion rubles ($84.8 million) in January-March, 2008.

The group's revenues increased 23% to 31 billion rubles ($1.3 billion), and its pretax profit more than doubled to 3.4 billion rubles ($141.8 million) in the reporting period against January-March 2007.

The company said in a statement the increase in its revenues was mostly prompted by a hike in tariffs and a growth in electricity and thermal power sales.

Mosenergo's IFRS net income declined 90.3% year-on-year in 2007 to 837 million ($35 million).

Mosenergo unites 17 electric power plants with an electrical power capacity of 10,600 MW and thermal generation capacity of 39,000 MW.

1 0

Community standardsDiscussion

Comment via FacebookComment via Sputnik

Сomment
Thank you! Your comment will be reviewed by the moderator for compliance with the Rules
Add more

Сomment

Community standards

The fact of registration and authorization of users on Sputnik websites via users’ account or accounts on social networks indicates acceptance of these rules.

Users are obliged abide by national and international laws. Users are obliged to speak respectfully to the other participants in the discussion, readers and individuals referenced in the posts.

The websites’ administration has the right to delete comments made in languages other than the language of the majority of the websites’ content.

In all language versions of the sputniknews.com websites any comments posted can be edited.

A user comment will be deleted if it:

does not correspond with the subject of the post;
promotes hatred and discrimination on racial, ethnic, sexual, religious or social basis or violates the rights of minorities;
violates the rights of minors, causing them harm in any form, including moral damage;
contains ideas of extremist nature or calls for other illegal activities;
contains insults, threats to other users, individuals or specific organizations, denigrates dignity or undermines business reputations;
contains insults or messages expressing disrespect to Sputnik;
violates privacy, distributes personal data of third parties without their consent or violates privacy of correspondence;
describes or references scenes of violence, cruelty to animals;
contains information about methods of suicide, incites to commit suicide;
pursues commercial objectives, contains improper advertising, unlawful political advertisement or links to other online resources containing such information;
promotes products or services of third parties without proper authorization;
contains offensive language or profanity and its derivatives, as well as hints of the use of lexical items falling within this definition;
contains spam, advertises spamming, mass mailing services and promotes get-rich-quick schemes;
promotes the use of narcotic / psychotropic substances, provides information on their production and use;
contains links to viruses and malicious software;
is part of an organized action involving large volumes of comments with identical or similar content ("flash mob");
“floods” the discussion thread with a large number of incoherent or irrelevant messages;
violates etiquette, exhibiting any form of aggressive, humiliating or abusive behavior ("trolling");
doesn’t follow standard rules of the English language, for example, is typed fully or mostly in capital letters or isn’t broken down into sentences.

The administration has the right to block a user’s access to the page or delete a user’s account without notice if the user is in violation of these rules or if behavior indicating said violation is detected.

Users can initiate the recovery of their account / unlock access by contacting the moderators at moderator@sputniknews.com

The letter must contain:

Subject - the restoration of account / unlock access
User ID
An explanation of the actions which were in violation of the rules above and resulted in the lock.

If the moderators deem it possible to restore the account / unlock access, it will be done.

In the case of repeated violations of the rules above resulting in a second block of a user’s account, access cannot be restored.

To contact the team of moderators, write to moderator@sputniknews.com

Mosenergo's IFRS net profit at $84.8 mln in Jan-Mar 08

All comments

in reply to (Show commentHide comment)

News

Recommended

Multimedia

Mosenergo's IFRS net profit at $84.8 mln in Jan-Mar 08

All comments

in reply to(Show commentHide comment)

News

Recommended

Multimedia

Hello, !

Hello, !

in reply to (Show commentHide comment)