National Energy Company Ukrenergo saw 292.681 million UAH of net profit in 2015 compared to 1.94 billion UAH of net loss a year ago, according to an audited report posted on the company’s website.
Revenue grew by 74.5% in 2015, to 5.5 billion UAH, and pretax profit totaled 395.326 million UAH compared to 2.264 billion UAH of loss a year ago.
According to the audited report, Ukrenergo placed 1.205 billion UAH on deposit accounts after December 31, 2015.
Ukrenergo included facilities of Donbas energy system located in the occupied areas in its fixed assets. Deloitte&Touche failed to analyze them properly.
According to a report published by Ukrenergo in February, the company saw 820.396 million of net profit UAH in 2015, 5.433 billion UAH of net revenue and 3.486 billion UAH of gross profit. (Interfax/Business World Magazine)
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