15 Nov 2019 14:19

Inter RAO expecting net profit to grow in 2019

SOCHI. Nov 15 (Interfax) - The management of Inter RAO is expecting net profit to grow this year, a company executive said on a conference call.

"This is a category for which it is difficult to make forecasts. Overall, we are hoping that trends will be positive in light of improved operating results," the executive said when asked about forecast net profit for 2019.

As reported, Inter RAO boosted net profit to International Financial Reporting Standards (IFRS) 31% in 2018 to 71.7 billion rubles.