Ekaterinburg (Ural Federal District, Russia) - IDGC of Urals, OAO (MICEX: MRKU) reports its 9M 2016 RAS results
9M 2016 revenues of the Company totaled RUB 46,639.2 million (+8.4% on 9M 2015). 9M 2016 expenses totaled RUB 42,757.1 million (+8.9%). Operating profit totaled RUB 3,110.4 million. Net profit totaled RUB 1,857.1 million.
Table 1. Financial results of the Company as of 9M 2015 and 2016, RUB thous.
9M 2016
9M 2015
Revenues
46,639,176
43,016,601
transmission
45,512,114
41,946,015
connection
820,232
736,887
other
306,829
333,699
Expenses
(42,757,060)
(39,268,174)
Administrative costs
(771,732)
(693,026)
Operating profit
3,110,384
3,055,401
Operating margin
6.7
7.1
Pre-tax profit
2,317,548
1,068,700
Net profit
1,857,087
787,048
Net margin
4.0
1.8
To view 9M 2016 accounting statements prepared under Russian Accounting Standards (RAS), please, visit our corporate web-site (Financial Statements section).
Resolutions of the Board meeting conducted on Sep. 28, 2016
IDGC of Urals reports 1H 2016 IFRS results
6M 2016 RAS results
Resolutions of the Board meeting conducted on Jul. 15, 2016
Resolutions of the Board meeting conducted on June 03, 2016
IDGC of Urals OJSC published this content on 31 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 October 2016 05:37:09 UTC.
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Mezhregional'naya Raspredelitel'naya Setevaya Kompaniya Urala OAO (MRSK Urala OAO), formerly MRSK Urala i Volgi, is a Russia-based company, which is involved in the transmission and distribution of electric energy and provision of related services to its consumers. The Company is active on the territory of the Kurgan, Perm, Sverdlovsk and Chelyabinsk regions. It operates through three branches: Permenergo OAO, Sverdlovenergo OAO and Chelyabenergo OAO. In addition, the Company has several subsidiaries and two affiliated companies.