PrJSC Ukrenergo in 2020 received UAH 27.498 billion of net loss against UAH 1.857 billion of net profit for 2019.
According to the report published in the information disclosure system of the National Securities and Stock Market Commission, the company’s net income last year increased 2.2 times (by UAH 31.921 billion), to UAH 58.249 billion. The gross loss amounted to UAH 24.950 billion against UAH 6.052 billion in gross profit in 2019.
Earlier, Ukrenergo repeatedly noted that the operator’s main activity in transmission and dispatching in 2020 is profitable, while losses are associated with special obligations imposed on the company for the population and coverage of the feed-in tariff to the state enterprise Guaranteed Buyer, the costs of which are not fully covered by the established tariff.
Ukrenergo operates the trunk and interstate power grids, as well as the centralized dispatching of the country’s integrated power system. It belongs to the state represented by the Ministry of Finance.