EquityStory.RS, LLC-Ad-hoc: PJSC Mosenergo / Key word(s): Interim Report/Quarter Results Mosenergo Group IFRS Profit for 1H 2021 Increased by 37.5% 09-Aug-2021 / 10:52 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. ----------------------------------------------------------------------------------------------------------------------- RELEASE August 9, 2021 Moscow Mosenergo Group IFRS Profit for 1H 2021 Increased by 37.5% Mosenergo releases abbreviated unaudited interim consolidated financial statements (prepared in accordance with IFRS) for the 6 months ended June 30, 2021. Consolidated Statement of Comprehensive Income, Key Figures, (mn RUR) 6M 2020 6M 2021 Change Revenue 92,952 117,652 +26.6% Operating Costs (84,801) (105,352) +24.2% EBITDA(1) 18,151 23,173 +27.7% Depreciation and Amortization (11,376) (12,079) +6.2% Operating Profit 6,779 11,094 +63.7% Profit for the Period 6,592 9,067 +37.5%
(1) Calculated as "Operating Profit + Depreciation and Amortization+ Loss/recovery of impairment of non-financial assets".
PJSC "Mosenergo" and subsidiaries (Mosenergo Group) revenue for 1H 2021 increased by 26.6% year-on-year, up to RUR 117,652 mn. The reason for the increase was positive operational performance dynamics, on the back of weather factor and growing electricity consumption.
Operating costs for 1H 2021 grew by 24.2% up to RUR 105,352 mn, resulting from growing electricity and heat output.
EBITDA amounted to RUR 23,173 mn (+27.7% year-on-year).
Mosenergo Group IFRS profit for 1H 2021 increased by 37.5%, up to RUR 9,067 mn.
MOSENERGO PR DEPARTMENT
Tel.: (495) 957-1-957, ext. 2282, 2290
Fax: (495) 957-37-99
?-mail: press-centre@mosenergo.ru
Website: http://www.mosenergo.ru -----------------------------------------------------------------------------------------------------------------------
09-Aug-2021 CET/CEST The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/ Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------
Language: English Company: PJSC Mosenergo Vernadskogo prospect, 101 bld. 3 119526 Moscow Russia Phone: +7 495 957 1 957 Fax: +7 495 957 32 00 E-mail: mosenergo@mosenergo.ru Internet: www.mosenergo.ru ISIN: US0373763087, RU0008958863 WKN: 899416 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; Moscow EQS News ID: 1224927 End of Announcement EquityStory.RS, LLC News Service -------------------------------------------------------------------------------------
1224927 09-Aug-2021 CET/CEST
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(END) Dow Jones Newswires
August 09, 2021 04:52 ET (08:52 GMT)