AsemconnectVietnam - Total revenue of PetroVietnam Power Corporation - Joint Stock Company (PV Power - code POW) in the first 6 months of 2024 is estimated at VND16,169 billion, equal to 97% of the plan for the first 6 months of 2024 and equal to 100% over the same period last year.

At the conference summarizing production and business activities in the first 6 months of the year, implementing tasks for the last 6 months of 2024 of PV Power, Mr. Nguyen Dinh Thi, Head of the Economic Department evaluated the end of the first 6 months. The year the Company brought positive results.
Specifically, the total electricity output of the Corporation is estimated at 8,574 million kWh, reaching 98% of the plan for the first 6 months assigned by the Group and equal to 103% compared to the same period in 2023.
The Corporation's total revenue in 6 months is estimated at VND16,169 billion, equal to 97% of the plan for the first 6 months of 2024 and 100% compared to the same period in 2023. Parent company revenue is estimated at VND13,120 billion, reaching 103% of the plan and equal to 116% compared to the same period in 2023. Payment to the State budget of the entire Corporation in the first 6 months is estimated at VND325.4 billion.
According to the plan, PV Power agreed to set the first fire at Nhon Trach 3 and 4 Thermal Power Plants on September 15, trying to shorten the overall project progress. For the Quang Ninh LNG Gas Power Project, drastically speed up the project approval and EPC bidding progress...
Along with that, Mr. Le Nhu Linh, General Director of PV Power requested the Company to strengthen debt handling, management and risk management, speed up contracts to standardize material codes, and promote digital transformation, network security, and review of financial investment restructuring plans.
N.Nga
Source: VITIC/Tinnhanhchungkhoan