14 November 2017
PJSC “Quadra - Power Generation” Publishes Interim Financial Statements under RAS for 9 Months of 2017
PJSC “Quadra - Power Generation” has summed up the Company’s book-keeping statements for 9 months according to Russian Accounting Standards (RAS).
For the reporting period of operations in 2017, the revenue of PJSC “Quadra - Power Generation” equaled RUR 35.2 bn, which is 10% above the past year’s index (9 months of 2016: RUR 31.9 bn). Cost price of sales grew 8% to RUR 32.5 bn (9 months of 2016: RUR 30.1 bn).
The company’s revenue grew thanks to commissioning of GSU (gas-steam unit) of 115 MW at the Dyagilev HPP (Ryazan) within the framework of the capacity supply agreement (CSA).
This year, the company has completed repairs of heat grids and renovation of generating equipment within the established timeframes, which explained the final financial indices for 9 months.