Song Ba Joint Stock Company (SBA) announces the Board resolution dated October 30, 2020 with the following contents:

1)      The BOD approved the business result in Quarter 3/2020:

-          Commercial electricity output: 70.26 million kWh, reached 142.23% plan

-          Revenue from electricity production: 73.35 billion dongs, reached 145.39% plan

-          Revenue from service & other: 0.08 billion dongs

-          Total expenses: 39.37 billion dongs

-          Profit before tax: 34.06 billion dongs

-          Profit after tax: 32.36 billion dongs

-          Earnings per share: 537 dongs/share.

2)      The BOD approved the business plan in Quarter 4/2020:

-          Commercial electricity output: 87.50 million kWh

-          Revenue from electricity production: 95.65 billion dongs

-          Revenue from service & other: 6.5 billion dongs

-          Total expenses: 56.94 billion dongs

-          Profit before tax: 45.20 billion dongs

-          Profit after tax: 43.03 billion dongs

-          Earnings per share: 713 dongs/share.