KYIV. Oct 26 (Interfax-Ukraine) – Public joint-stock company Ukrhydroenergo saw a 2.2-fold rise in net profit in January-September 2016, to UAH 1.709 billion.
The company said that its net revenue over the period grew by 37.5%, to UAH 4.405 billion. The company saw a 1.6-fold rise in gross profit, to UAH 2.524 billion.
Ukrhydroenergo increased electricity generation by 27.1% over the period, to 6.259 billion kilowatt-hours (kWh).
Ukrhydroenergo in 2015 saw net profit rise by 2.3 times compared to 2014, to UAH 1.091 billion, net income by 1.7 times, to UAH 4.469 billion, EBITDA by 64.7%, to UAH 2.688 billion.
Ukrhydroenergo operates all of the major hydroelectric power plants on the Ukrainian sections of the Dnipro and Dniester rivers. Their total electricity generating capacity comes to five gigawatts. The state owns 100% of the shares of the company.
