You're reading: DTEK posts 44% fall in net profit in 2013

  The largest private vertically integrated energy holding DTEK saw a decline of 44% or UAH 2.622 billion in net profit in 2013, the indicator stood at UAH 3.332 billion, the company has reported on the Web site of the London Stock Exchange (LSE).

DTEK’s revenue grew by 12.4% or UAH 10.236 billion, to UAH 92.817 billion, the adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were down by 11.7% or UAH 1.98 billion, to UAH 14.96 billion.

Revenues from electricity sales to end consumers grew by 17.3% in 2013, to UAH 43.207 billion, including UAH 4.522 billion received from exports of electricity (a decline of 9.6% year-over-year).