Published: 2024-05-02 15:23
photo of Vladimir Ivanovs (V).
The Estonian state energy company Eesti Energia, which manages UAB Enefit operating in Lithuania, announced that it received approximately 500 million euros during the first quarter of the year. EUR sales income is 14% less than last year.
Net profit was 89 million during the first three months of the year. EUR 38% less, after adjusted profit before tax, salary and amortization (EBITDA) decreased by 32% to 137 million. Eur.
The company explains the decrease in both the profit and the profit index by the decrease in electricity prices.
In the first quarter of 2024, Eesti Energia produced 1,225 gigawatt-hours (GWh) of electricity, 5.6% less than a year ago, with 646 GWh from renewable sources, which is a record production volume, a fifth higher than in the same period last year.
168 million were invested per year. EUR 105 million. Eur oil energy.
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