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FGC UES announces about decreased RAS net profit for 6 months of 2021, down 19.67% YoY. Total revenue’s increase is 7.72%

July 30, 2021 Cbonds
FGC UES publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

FGC UES revenue for 6 months of 2021 is equal to RUB 119.67 billion, while for 6 months of 2020 it amounted to RUB 111.09 billion.

Net profit in the reference period amounted to RUB 17.19 billion compared to RUB 21.4 billion for 6 months of 2020.

According to the accounting statements of FGC UES, total assets’ increase is 2.16% YoY. Non-current assets of FGC UES are equal to RUB 1386.42 billion. Current assets decreased by 14.61% to RUB 199.62 billion. Capital and reserves increased by 2.6% to RUB 1158.4 billion.

Long-term liabilities’ increase is 3.75% YoY. Current liabilities’ decrease is 8.23% YoY.
Company — FGC UES
  • Full name
    Federal Grid Company Unified Energy Systems (also referred to as FSK UES)
  • Registration country
    Russia
  • Industry
    Power