Hydropower Co reaches H1 profit of 236b dong

23/07/2009 10:28:03 - views: 2,615

Vinh Son Song Hinh Hydropower Joint Stock Co (coded VSH) has estimated to earn 236 billion dong in profit after tax in Jan-June, in which the company's Q2 profit was 115 billion dong.

The company while explaining about the rise in profit in H1 of 2009 said that mainly due to favourable weather conditions the total electricity production volume was posted at about 519.3 million KWh in the first six months of this year.

In 2009, VSH targets to achieve total revenue of 511 billion dong, pre-tax profit of 292 billion dong with the sales price equal to that of 2008.

The company plans to officially start the construction work of Thuong Kontum Hydropower Plant, with designed capacity of 220MW and expects electricity production volume of 1.1 billion KWh in Q4 of 2009. This new hydropower plant is expected to be put into operation in 2014.

Source: Intellasia.net


EVNHANOI is rated by Fitch Ratings at BB with a positive outlook

Cập nhật 29/09/2022

Hanoi Power Corporation has just been rated by Fitch Ratings (an international credit rating agency)...


EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...


Powering 220 kV transformer substation for BIM Wind Power Project

Cập nhật 17/08/2021

Power Engineering Consulting Joint Stock Company 1 (PECC1) informed that at 10:00 am on August 15,...


HCM City completes power supply to COVID-19 treatment hospitals

Cập nhật 16/07/2021

Hoc Mon and Binh Chanh power companies of the Ho Chi Minh City Power Corporation (EVN HCMC) have completed...


EVNHCMC: The time to handle new connections via medium voltage substations is only 3.19 days

Cập nhật 29/09/2022

According to Ho Chi Minh City Power Corporation (EVNHCMC), since the beginning of the year, the Corporation...