Kvadra Generiruyushchaya kompaniya : Indices of PJSC “Quadra - Power Generation” Grow Owing to Startup of Dyagilev HPP’s New Energy Facility

PJSC 'Quadra - Power Generation' has summed up the Company's accounting statements for the first half of 2017 according to Russian Accounting Standards (RAS).

For the reporting period, PJSC 'Quadra - Power Generation's' revenue is RUR 27.8 bn, which is 13% higher than for the similar period of the last year (H1 - RUR 24.6 bn). Sales profit for the first half-year of the current year is RUR 3.6 bn, which is more than 60% higher than the similar indicator of the year 2016 (RUR 2.2 bn). The company's profit and revenue have grown owing to startup of GSU-115 MW (gas steam unit) at the Dyagilev HPP in the city of Ryazan within the framework of the capacity supply agreement (CSA).

Net profit for the first half-year is RUR 1.4 bn, which is 1.5 time more than the year 2016 amount (RUR 935 mn).

Currently, the company is constructing two more energy facilities under CSAs: GSU-115 MW at the Alexin HPP (the Tula Region) and GSU-223 MW at Voronezh HPP-1 (the city of Voronezh).

The financial performance of PJSC 'Quadra - Power Generation' for H1 2017 under RAS is available in the section Shareholders and Investors/Financial statements.