You're reading: DTEK Energy sees 28.8 percent reduction in loss in Q1

DTEK Energy saw a decrease in loss by 28.8 percent, or Hr 2.196 billion, in the first quarter of 2017 year-over-year, to Hr 5.418 billion.

The company’s revenue over the period under review grew by 22 percent, or Hr 6.976 billion, year-over-year, to Hr 38.645 billion, the company said in a quarterly report.

Gross profit in the first three months of 2017 was Hr 5.835 billion.

At the same time, the company’s loss from the seizure of its assets in the uncontrolled areas in Donbas is estimated at Hr 6.974 billion.