The Cabinet of Ministers of Ukraine has approved the adjusted financial plan of Ukrenergo for 2018 with a net profit of UAH 2.554 billion against UAH 3.296 billion previously set in the document. The relevant decision was made by the government at a meeting on April 25.
The net sales income of Ukrenergo in 2018 is now planned at UAH 7.877 billion, whereas the previous wording of the financial plan foresaw UAH 7.331 billion of income. The planned gross profit is UAH 5.108 billion, whereas before the adjustment the document it included a figure of UAH 4.793 billion.
The updated financial plan of Ukrenergo provides for the transmission by the company’s networks of 113.5 billion kWh of electricity in 2018, while previously it was planned to transfer 115 billion kWh. As reported, Ukrenergo operates trunk and interstate power grids, as well as performs the centralized dispatching of the united energy system in the country. The company is a state-owned enterprise, it is subordinate to the Ministry of Energy and Coal Industry.
