National energy company Ukrenergo ended the 2014 financial year with losses of more than UAH 2,2 billion.
The company's net profit amounted to just under UAH 800 million. Furthermore, in 2014, the company reduced its revenue by almost 7%, or UAH 233 million, due to the provision of electricity services. Revenue amounted to over UAH 3,1 billion, which is lower than in 2013.
Also this year, over the first nine months of the year, the company reduced electricity transmission through Ukraine's main grid by 6%, while the cost of transmission increased by 48%, which led to higher tariffs for end users.
SKELET-info
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