The net profit of "Rosseti Moscow Region" has increased by 38% in Q1 2020

The revenue of PJSC MOESK (provides services for power supply and technological connection of consumers under the “Rosseti Moscow Region” brand) amounted to 42.0 billion rubles, including revenue from electricity transmission - 40.0 billion rubles, revenue from technological connection - 1.6 billion rubles. In the reporting period, the net profit amounted to 4.6 billion rubles.

For the Q1 of 2020 compared to the same period of the last year, the revenue of "Rosseti Moscow Region" increased by 0.4%. The volume of revenue from electricity transmission services decreased by 0.6%. Revenue from technological connection increased by 28.5% compared to Q1 of 2019.

At the prime cost, the dynamics were at a level below the CPI, an increase of 1.7% compared to the level of the Q1 of 2019.

The net profit of the reporting period amounted to 4.6 billion rubles, which is 38.3% higher than in the Q1 of 2019.

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	Parameter name	the 1st quarter of 2020	the 1st quarter of 2019	The change
1	Income, million rubles, including	42 011	41 845	0.4%
	- from electric power transmission;	40 031	40 264	-0.6%
	- from technological connection	1 601	1 246	28.5%
	- from nontariff activity categories	379	335	13.0%
2	Prime cost, million rubles, including	36 332	35 731	1.7%
3	EBITDA, million rubles	13 273	11 915	11.4%
4	Net profit	4 592	3 320	38.3%