PJSC “Quadra – Power Generation” has published the interim condensed consolidated financial statements for the six months ended June 30, 2021 in accordance with the International Financial Reporting Standards (IFRS).

The company’s sales revenue in the first half of 2021 exceeded RUB 31.73 bn, against RUB 29.28 bn for the same period of 2020. Based on the results of the first six months of the year, the company’s profit exceeded RUB 1.25 bn. The indicators are explained by the efficient operation of the GSU-223 MW (gas steam unit) of Voronezh HPP-1 (heat power plant) in the wholesale electricity and capacity market, increase in the production and sale of electricity, as well as heat energy, improvement of the efficiency of operating and investment activities, as well as optimization of the company’s cost structure.