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Magadanenergo increased its net loss 2015 times in 22 due to the fall in industrial power consumption - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Due to the decline in industrial power consumption Magadanenergo in 2015g increased net loss by 22 times

In 22 times compared to 2014 year - up to 1,076 billion rubles - increased in 2015 a net loss under RAS of PJSC Magadanenergo (part of the holding company RAO ES of the East)

This is stated in the annual financial statements of the company.

Revenue decreased by 0,4% - to 6,95 billion rubles. At the same time, revenue from the sale of electricity increased by 9,9% - to 4,519 billion rubles, from the sale of heat energy - decreased by 1,5%, to 2,201 billion rubles.

The company also reduced revenue from technical connection in 4,5 times - to 114,648 million rubles, Interfax notes.

Earlier, Magadanenergo explained that the financial indicators are influenced by the steady decline in industrial electricity consumption, both through the elimination of mining consumers and the construction of new assets outside the centralized electricity consumption area.

According to the results of 2015, the company reduced its electricity production by 10% - to 162 mln kWh, the heat output remained at the level of 2014 - 1,253 mln Gcal.