4 Mar 2014 12:12

Center and Volga grid co boosts RAS profit 32% in 2013

NIZHNY NOVGOROD. March 4 (Interfax) - Center and Volga Interregional Distribution Grid Company (IDGC) boosted net profit to Russian Accounting Standards (RAS) 32.4% in 2013 to 2.56 billion rubles, the company said in a report.

Sales revenue grew 29.7% to 77.67 billion rubles, including 61.225 billion rubles from power transmission, up 4.9%, 827.722 million rubles in connection fees, down 32.1%, and 15.375 billion rubles from the re-sale of electricity and capacity.