Ukrenergo received a billion dollars in losses for the year

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Ukrenergo received a billion dollars in losses for the year

05.05.2021 News

According to the results of 2020, Ukrenergo’s loss amounted to almost UAH 27.5 billion against UAH 1.86 billion profit a year earlier. This is evidenced by a report in the information disclosure system of the NSSMC.

According to him, last year the company’s net income increased 2.2 times (by UAH 31.9 billion) to UAH 58.250 billion.

Gross loss for the year amounted to almost 25 billion against 6 billion UAH of gross profit in 2019.

The company previously explained the losses by its special obligations to cover the “green” tariff before the State Enterprise Guaranteed Buyer.

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