Monday, 11 March 2013

Vinh Son-Song Hinh hydro-power profit down - Print - VietNam News
News Bizhub Travel Opinion Site Map About Us Contact Us


Politics & Laws






Print this Article

Vinh Son-Song Hinh hydro-power profit down
HCM CITY(VNS)– Vinh Son Song Hinh Hydro-Power Co (VSH) posed a reduced net profit of just VND45.45 billion (US$2.2 million) in the third quarter, down 20 per cent compared to the same period of last year. The company's power production reached 149.71 million kWh during the period, down more than 11 per cent year-on-year. Electricity sales totalled VND56.86 billion ($2.7 million), down at a higher rate of over 21 per cent year-on-year because the company has yet to sign a power purchase agreement with Electricity of Viet Nam (EVN).According to the semi-annual report review, the audit said the old power purchase contract between EVN and VSH expired in 2009 and the company has not signed a new contract yet. — VNS

Copyright © 2013 Viet Nam News

Print this Article

About us

Advertise with us


Contact us

Google search

Site map

Copyrights 2012 Viet Nam News, All rights reserved .Add:11 Tran Hung Dao Street, Ha Noi, Viet Nam. Editor_In_Chief: Trinh Thanh Thuy Tel: 84-4-39332316; Fax: 84-4-39332311 E-mail: vnnews@vnagency.com.vn Publication Permit: 599/GP-INTER
Developed by: VGROUP



Sign up to vote on this title
UsefulNot useful