21 Apr 2017 15:12

Irkutskenergo ups IFRS net profit 16% in 2016

IRKUTSK. April 21 (Interfax) - PJSC Irkutskenergo boosted IFRS net profit 15.8% to 15.3 billion rubles in 2016, the company reported.

Revenue rose 7% to 134.5 billion rubles.

Irkutskenergo key financials: (in millions of rubles):

2016 2015
Revenue from sales 134 479 125 735
Revenue from power sales 83 285 79 569
Revenue from heat sales 23 608 21 369
Gross profit 37 697 33 304
Pretax profit 20 393 17 095
Net profit 15 281 13 194

Irkutskenergo did not comment on the financials.

Irkutskenergo, Russia's largest power and coal company, includes thermal and hydro-electric power plants, heat networks, open pit coal mines, transport businesses, repair plants and an enrichment plant. Irkutskenergo is controlled by EuroSibEnergo, which is part of Oleg Deripaska's En+ Group.