3M 2017 IFRS results

02 June 2017

Yekaterinburg (Ural Federal District, Russia) – IDGC of Urals, OAO (MICEX: MRKU) reports its 3M 2017 IFRS results

3M 2017 revenue of the Company stands at RUB 21,237.9 million (+12.1% YoY). Operating expenses as of 3M 2017 reached RUB 19,965.1 million (+9.9% YoY).

Result from operating activities for the period totaled 1,435.2 million (3M 2016: RUB 958.7 million). Profit before income tax stands at RUB 1,158.6 million. Profit for the period reached RUB 909.5 million and total comprehensive income for the period totaled RUB 854.1 million.

Table 1. 3M 2016-2017 Financial Highlights of IDGC of Urals (OAO), RUB thous.

 

3M 2017

3M 2016

Revenue

21,237,911

18,953,885

Operating expenses

(19,965,134)

(18,161,651)

Result from operating activities

1,435,182

 958,711

Profit before income tax

1,158,593

 730,246

Profit for the year

909,484

313,140

Total comprehensive income for the year

854,057

288,660

Please, visit “Financial Information” section of the official web-site to review our 3M 2017 IFRS financial statements.

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