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“Quadra – Power Generation’s” 9M 2018 Net Profit Exceeds RUB 1 bn

The company “Quadra – Power Generation” has summed up its financial performance for nine months of 2018 in accordance with Russian Accounting Standards (RAS).

For the reporting period, the revenue of PJSC “Quadra – Power Generation” has grown 3.4 % year-on-year (RUB 35.3 bn) and now equals RUB 36.1 bn. The sales profit has equaled RUB 4.5 bn, which almost 40% exceeds the year 2017 amount (RUB 2.7 bn). The net profit has exceeded RUB 1 bn.

The positive trend in the indices is explained by the growth in the thermal energy sales revenue in the regions, optimization of the structure of costs and operating expenses of the company, as well as efficient operation of the facilities under CSAs (capacity supply agreements) on the wholesale electric power market.