Private joint-stock company Ukrhydroenergo in 2018 saw a 2.5-fold rise in net profit compared with 2019, to UAH 3.668 billion, the company’s press service has reported.
Net revenue grew by 39.25, to UAH 7.961 billion.
As reported, in 2017, the company saw a 33.7% fall in net profit, to UAH 1.466 billion. Net revenue decreased 4.7%, to UAH 5.716 billion.
Ukrhydroenergo operates all the major hydroelectric power plants located in the Ukrainian parts of the Dnipro and Dniester rivers. The total installed electric capacity of the hydropower plants of the company (103 hydroelectric units) is 5,758 MW. The state represented by the Ministry of Energy and Coal Industry fully owns the company’s shares.
