“Quadra – Power Generation” Publishes Year 2021 Financial Results according to Russian Accounting Standards
PJSC “Quadra – Power Generation” has summed up its 2021 financial results in accordance with Russian Accounting Standards (RAS).
During the reporting period, the company’s revenue increased by 10% compared to the same index of the year 2020 (RUB 56.63 bn), and amounted to RUB 62.26 bn. Following 2021, the company’s net profit amounted to RUB 3.01 bn, sales profit – RUB 4.78 bn.
The company’s financial performance is explained by improved efficiency of operating and investment activities, as well as optimization of the company’s cost structure.