RusHydro's IFRS EBITDA Grew by 1.9% in 1Q 2022Based on the results of the 1st quarter of 2022, the indicators of RusHydro Group under International Financial Reporting Standards show an increase compared to the same period of the previous year: total revenue including subsidies is 129.6 billion rubles (+4.7%), EBITDA is 35.6 billion rubles (+1.9%), EBITDA margin added 0.8 percentage points compared to 2021 and amounted to 27.4%. Net profit amounts to 19.8 billion rubles, adjusted for non-monetary items net profit was 22.6 billion rubles (+15.9%).
The positive dynamics of the financial indicators of RusHydro Group is due to an increase in electricity sales, net output of heat in the Far East of Russia, and price dynamics on the wholesale electricity and capacity market. |
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