3M2020 IFRS results

27 May 2020

3M2020 revenues stands at RUB 24,123.3 million (- RUB 8,233.1 million YoY).

A 25.4% reduction of 3M 2020 revenues stems from the fact that in 1Q 2019 Rosseti Ural (new brand of OAO IDGC of Urals) acted temporarily as the provider of the last resort in the Sverdlovsk and Chelyabinsk regions in compliance with the federal legislation.

3M2020 result from operating activities reached RUB 1,574.9 million (3M2019: RUB 1,989.9 million). 3M2020 profit before income tax amounted to RUB 1,448.9 million (3M2019: RUB 1,656.2 million).

Profit for the period totaled RUB 939.1 million (3M2019: RUB 1,168.2 million). Total comprehensive income for the period is RUB 906.2 million (3M2019: RUB 1,174.7 million).

Table 1. 3M2019 and 2020 highlights of the Company, RUB thousand.

 

3M2020

3M2019

Revenues

24,123,257

32,356,325

Operating expenses

(22,271,601)

(29,927,879)

Result from operating activities

1,574,938

1,989,892

Profit before income tax

1,448,887

1,656,226

Profit for the period

939,139

1,168,151

Total comprehensive income for the period

906,158

1,174,689

 

Please, visit “Financial Information” section of the official web-site to review our 3M2020 IFRS financial statements.

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