Thursday, March 28, 2024 4:30:45 PM - Markets open
VN-INDEX 1,290.18 +7.09/+0.55%
HNX-INDEX 243.92 +1.07/+0.44%
UPCOM-INDEX 91.48 +0.30/+0.33%
POW: PV Power’s first-half post-tax profit nears $50 million
Vietnamnews - 7/7/2022 2:29:28 PM
 (0 ratings. You must sign in to rate.)
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VNĐ1.159 trillion (over US$49.56 million) in the first six months of this year, surpassing the target set for the entire year by 56 per cent.
 
A view of Nhơn Trạch 1 and Nhơn Trạch 2 power plants in Đồng Nai. — Photo pvpower.vn
HÀ NỘI — PetroVietnam Power Corporation (PV Power) reported post-tax profit of VNĐ1.159 trillion (over US$49.56 million) in the first six months of this year, surpassing the target set for the entire year by 56 per cent.
 
This year, PV Power's profit plan has been adjusted down from its previously announced level.
 
Therefore, its first-half post-tax profit, despite representing an annual decrease of 19 per cent, still exceeded the yearly goal.
 
Also in the period, its electricity output reached 7.1 billion kWh, reducing by 25 per cent year-on-year.
 
Nguyễn Đình Thi, head of PV Power's economic planning department, said that with such output decrease, the company’s revenue amounted to VNĐ14.865 trillion, equaling 61.3 per cent of the yearly plan but down five per cent compared to the same previous last year.
 
Meanwhile, mobilised electricity prices in the first half increased sharply, even hitting VNĐ2,000 per kWh sometimes.
 
In the last six months, PV Power is projected to face difficulties such as a recession of the world economy, an unfavourable rainy hydrological situation, and a series of overhauled factories, including the Cà Mau 1, Đakrinh and Nhơn Trạch 1. — VNS
 
Read original article here
 
Newer News
03/12 FUEDCMID: Thông báo thay đổi giá trị tài sản ròng ngày 10/03/2024
03/12 FUESSVFL: Thông báo thay đổi giá trị tài sản ròng ngày 11/03/2024
03/12 FUESSVFL: Kết thúc giao dịch hoán đổi ngày 11/03/2024
03/12 E1VFVN30: Kết thúc giao dịch hoán đổi ngày 11/03/2024
03/12 FUEDCMID: Kết thúc giao dịch hoán đổi ngày 11/03/2024
03/12 FUEDCMID: Báo cáo hoạt động đầu tư năm 2023
03/12 E1VFVN30: Báo cáo hoạt động đầu tư năm 2023
03/12 FUEDCMID: Báo cáo tổng kết hoạt động quản lý quỹ năm 2023
03/12 E1VFVN30: Báo cáo tổng kết hoạt động quản lý quỹ năm 2023
03/12 LEC: Báo cáo kiểm toán nội bộ 2022
Older News
07/07 FUEVN100: Monthly Report _ June 2022
07/07 FUEVN100: NAV 05 Jul 2022
07/07 FUEVN100: Announcement after exchange trading 05 Jul 2022
07/07 FUEVN100: Basket of component securities 06 Jul 2022
07/07 FUEIP100: NAV 05 Jul 2022
07/07 FUEIP100: Basket of component securities 06 Jul 2022
07/07 FUEIP100: Announcement after exchange trading 05 Jul 2022
07/07 FUESSVFL: Announcement after exchange trading 05 Jul 2022
07/07 FUESSVFL: Basket of component securities 06 Jul 2022
07/07 FUESSVFL: NAV 05 Jul 2022
 
Newsletter Signup
Top Stories
Shares sustain gains on strong investor confidence
Banks given advantages to CASA ratio
Man owes bank nearly VNĐ9 billion in credit card's interest after 11 years
VN-Index corrects, liquidity stays high
Stock Market Upgrade Journey: overcoming hurdles and reaching new heights
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,290.18 +7.09/+0.55%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.