PJSC TNS Energo Group of Companies reported earnings results for 2017. The company swung to an IFRS net loss of RUB 500.6 million in 2017 compared with a net profit of RUB 763.7 million in 2016. Revenue from sale of electricity rose to RUB 212.3 billion from RUB 195.3 billion. Operating profit fell 24% to RUB 2.67 billion. TNS Energo posted a pretax loss of RUB 176.8 million compared with a pretax profit of RUB 1.38 billion in 2016.