TNS Energo announced earnings results for the year 2016. For the year, the company's operating profit declined to RUB 3.5 billion from RUB 5.4 billion in 2015. The company posted RUB 763.7 million in net profit to International Financial Reporting Standards (IFRS) in 2016, down from RUB 1.96 billion in 2015. Customer sales and other revenue increased by almost 9% to RUB 195.3 billion while operating expenses increased 10% to RUB 218.9 billion.