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Energoatom expects to net more than UAH 1 billion for the first quarter of 2021

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Following the results of the first quarter of 2021, SE NNEGC Energoatom expects to gross about UAH 2.4 billion and net a little over  UAH 1 billion. This was announced by the head of the Company Petro Kotin during a press conference held on April 13 in the Ukrainian News media outlet. For the same period last year, there was no profit at all – 1.5 billion UAH of net loss was recorded then.

The total amount of revenues for the first quarter of 2021 is UAH 16.7 billion, which is 13% more than in the first quarter of 2020 and one third higher than in the fourth quarter of 2020. Due to the positive financial result in the first quarter, Energoatom will pay about UAH 1.3 billion to the state budget in dividends and income tax.