Moscow United Electric Grid Company reported earnings results for the first half year of 2018. For the period, the company boosted net profit to Russian Accounting Standards (RAS) 2.4-fold to RUB 2.42 billion. Revenues were up 8.3% to RUB 76.5 billion, while cost of sales rose 2.7% to RUB 67.38 billion. Net profit increased from RUB 5.06 billion to RUB 9.13 billion.