DTEK Energy received a net loss of UAH 327 million in January-March 2021, which is almost 23 times better than in the first quarter of 2020 and is mainly due to the strengthening of the hryvnia exchange rate.
According to the company’s report, positive exchange rate differences in January-March this year amounted to UAH 793 million against negative UAH 6.163 billion in January-March last year.
The company’s revenue for the reporting period increased by 12.8%, to UAH 14.42 billion.
The company explained that its growth was mainly due to an increase in the volume of electricity supply by 44% compared to the first quarter of 2020, when artificial restrictions for producers were in force.
