Yakutskenergo's loss under IFRS for 2024 amounted to ₽20.263 billion rubles. Last year, the company made a net profit of ₽2.986 billion in the previous year. Revenue increased 4.4% to ₽33.583 billion from ₽32.171 billion a year earlier.

Yakutskenergo's RAS loss for 2024 amounted to ₽9.4 billion, up 12.2 times from ₽0.77 billion in the previous year. Revenue fell 3.2% to ₽36.1 billion against ₽37.3 billion a year earlier.

Yakutskenergo's RAS loss for 9 months of 2024 amounted to ₽2.73 billion against a profit of ₽0.23 billion in the previous year. Revenue decreased by 4.5% to ₽24.81 billion vs. ₽25.97 billion a year earlier.

Generating company RusHydro plans to separate grid assets from its subsidiary Yakutskenergo after the launch of the energy market in the Far East, which is scheduled for January 1, 2025. Separation is necessary to include the Far East regions in the price zone of the wholesale energy market, where it is prohibited to combine transmission and purchase and sal...