REUTERS
State-run enterprise Energoatom, the operator of Ukrainian-based nuclear power plants, received UAH 1.629 billion, or US$63 million in net profit, in January-June 2017 (1H), which was 45.7% up year-over-year (y-o-y), according to the company's report.
Energoatom's net revenue from electricity sales increased by 24.9% in 1H 2017 y-o-y, from UAH 16.429 billion ($636 million) to UAH 20.521 billion ($794 million), the report said.
Read alsoRussian-controlled media spread untrue information about Energoatom – James WilsonThe company's gross profit over the period under review rose from UAH 3.687 billion ($143 million) to UAH 5.258 billion ($203 million) y-o-y.
As UNIAN reported earlier, Energoatom reduced its net profit by 77.8% in 2016, to UAH 187 million ($7.2 million).
Read alsoUkraine boosts power exports by almost 45% in H1UNIAN memo. Energoatom is Ukraine's largest electricity producer, accounting for about 50% of the country's overall power output. Energoatom is responsible for the safe operation of the country's nuclear power plants.
Ukraine ranks seventh globally in terms of the installed capacity of its nuclear power generating units. Energoatom operates four nuclear power plants across Ukraine with a total of 15 power generating units, all with VVER-type reactors. Zaporizhia nuclear power plant, operating six power units with a total capacity of 6 GW, is Europe's largest.