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Net profit of Ukrhydroenergo in 2020 amounted to more than 4 billion hryvnia

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The company will pay more than two billion hryvnia in dividends to the state budget of Ukraine.

Net profit of Ukrhydroenergo in 2020 amounted to more than 4 billion hryvnia

According to the results of financial and economic activities in 2020, the largest hydro-generating company in Ukraine, Ukrhydroenergo, received a net profit of UAH 4.14 billion, which is 4.7 times more than the planned figure - this is the highest financial result in recent years.

Grant Thornton Legis International Auditing Company, one of the leading audit and consulting companies in Ukraine, has confirmed the accuracy of Ukrhydroenergo's financial statements for 2020. The audit revealed no violations.

By the end of 2020, Ukrhydroenergo will pay dividends to the state budget in the amount of UAH 2.068 billion, which is also higher than the target.

Let us remind you that Ukrhydroenergo is the largest hydro-generating company in Ukraine, providing coverage of peak loads, frequency and power regulation, mobile emergency reserve in the united power system of the country.

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