Moscow Energy Company's Net Profit Reaches 11.657 Billion Rubles in H1, Up 6.1% Year-on-Year

en.Wedoany.com Reported - Moscow Energy Company (ПАО «Мосэнерго») recently released its operating results for the first half of 2026. Calculated under Russian Accounting Standards (РСБУ), the company's net profit for the first half of the year increased by 6.1% year-on-year, reaching 11.657 billion rubles.

According to the company's report, revenue for the same period stood at 178.952 billion rubles, up 25% year-on-year, while the cost of sales amounted to 163.936 billion rubles, also up 25%. Against the backdrop of simultaneous growth in revenue and costs, net profit maintained a positive growth trend, indicating that the company's operating model remains broadly stable.

The company's debt structure changed during this period. As of June 30, 2026, long-term liabilities stood at 42.692 billion rubles, compared with 40.514 billion rubles at the end of the previous year; short-term liabilities increased from 20.978 billion rubles to 28.97 billion rubles. The rise in debt burden is mainly related to investment activities and current obligations associated with the operation and modernization of the power generation complex.

Moscow Energy Company operates 13 power plants with a total installed electric capacity of 12.3 GW (12,300 MW) and a thermal capacity of 43.3 thousand Gcal/h. The company supplies more than 50% of Moscow's electricity consumption and holds a significant position in the energy supply of the capital and its surrounding regions.

The company's asset scale and market share make its financial performance an important indicator reflecting the state of the energy industry in the capital region. Sustained profit sources provide funding for routine maintenance, equipment upgrades, and energy efficiency improvement measures, while also helping to maintain the stability of the electricity pricing model and the quality of power supply services for end users.