EQS-Adhoc: PJSC Mosenergo Releases 2020FY IFRS Results
vom 09.03.2021, 09:24 Uhr
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PJSC Mosenergo Releases 2020FY IFRS Results
09-March-2021 / 09:24 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
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Mosenergo Releases 2020FY IFRS Results
Mosenergo releases audited consolidated financial statements (prepared in accordance with IFRS) for the 12 months ended December 31, 2020.
2019FY
PJSC «Mosenergo» and subsidiaries (Mosenergo Group) revenue for 2020FY decreased by 4.7% year-on-year, down to RUR 180,908 mn. The reason for the decrease was lower revenue from electricity (-13.5%). The operating performance decline resulted from decreased electricity consumption, as well as relatively warm weather and shorter heating period in 2020.