Energocom's net profit in 2021, compared to 2020, decreased by 2.8 times, amounting to 8.71 million lei against 24.47 million lei a year earlier.
According to the published annual financial statements of the company, in particular, last year its sales revenue almost halved - by 44.7% - from 4 billion 019.76 million lei in 2020 to 2 billion 221.81 million lei in 2021, and the cost of sales decreased by 43.9% - from 3 billion 965.58 million to 2 billion 223.34 million lei. Income from operating activities tripled - from 8 million 078.5 thousand to 24 million 061.5 thousand lei. The administrative expenses of the enterprise in 2021 amounted to 9 million 590.8 thousand lei against 12 million 556.8 thousand lei a year earlier (-23.6%). The total assets of the company increased 5.4 times over the year - from 388.66 million lei in 2020 to 2 billion 094.38 million lei in 2021. The authorized capital of the company increased over the year from 100 thousand to 307 million 216 thousand lei. Energocom is 100% owned by the state. The company is the central supplier of electricity and supplies electricity at unregulated tariffs for the needs of the domestic market. Since July 1, 2014, Energocom has been operating in the natural gas market of Moldova as a supplier of natural gas, has the right to supply it at unregulated prices, enter into direct contracts for the supply of natural gas from imported sources as a supplier, with gas supply companies, transmission operators and etc. Energocom's net profit in 2020, compared to 2019, decreased by 16.4% and amounted to 24.47 million lei against 29.28 million lei a year earlier. The company's sales revenue then decreased by 10.1% over the year - to 4 billion 019.76 million lei.// 25.05.2022 — InfoMarket
