QUADRA - POWER GENERATION 'Quadra - Power Generation' Has Increased Net Profit 1.5 Time for Q1 2017
The net profit of the company 'Quadra - Power Generation' under RAS (Russian Accounting Standards) was RUR 1.75 bn in the first quarter of 2017 and grew 1.5 time against the similar period of the last year.
The company's earnings for the same reporting period grew 10.3% to RUR 18.2 bn against RUR 16.5 bn following the period of January - March 2016.
The company's sales cost for the reporting period increased 3.6% to RUR 15 bn; in 2016, this index was RUR 14.5 bn.
The indices improvement is due, first of all, to the seasonal nature of showing profit and costs indices in the reporting. Besides, along with this, the indices improvement results from the management's activities aimed to implement the actions of the company's operational activities efficiency improvement.
OAO Quadra - Power Generation published this content on 17 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 June 2017 08:43:23 UTC.
Original documenthttp://www.quadra.ru/en/press/news/detail.php?ID=7181
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