Unipro posts 3.6% rise in IFRS net profit for 2023 to $240 mln

Business & Economy February 19, 16:07

EBITDA added 5.7% to $483 mln, while operating profit amounted to $256 mln

MOSCOW, February 19. /TASS/. Net profit of Unipro under International Financial Reporting Standards (IFRS) amounted to 22.04 bln rubles ($240 mln) in 2023, up by 3.6% compared with 2022, the generating company reported.

Revenue rose by 12.1% in the reporting period to 118.63 bln rubles ($1.3 bln).

EBITDA added 5.7% to 44.25 bln rubles ($483 mln), while operating profit amounted to 23.53 bln rubles ($256 mln) compared to 25.22 bln rubles in the previous year.

Unipro consists of five thermal power plants with a combined capacity of 11,285 MW: Surgutskaya GRES-2 (5,687 MW), Berezovskaya GRES (2,420 MW), Shaturskaya GRES (1,500 MW), Smolenskaya GRES (630 MW), and Yaivinskaya GRES (1,48 MW).

In April 2023, Russian President Vladimir Putin issued a decree transferring 83.73% of Unipro shares owned by the Uniper SE to the Federal Property Management Agency for temporary management.

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