PrJSC Donbasenergo, an electricity generating company, in January-March saw UAH 58.03 million in net profit, up 26.4-fold YoY.
According to a company report in the information disclosure system of the National Securities and Stock Market Commission, its net revenue over the period grew by 1.3%, to UAH 1.587 billion, while gross profit fell by 17.35, to UAH 164.276 million.
As reported, Donbasenergo in 2019 saw UAH 68.997 million of net loss compared with UAH 104.111 million of net profit in 2018. (Open4Business/Business World Magazine)