Hua Na Hydropower (HNA) estimated to achieve 153% of the 2025 electricity production plan
Wednesday, December 17,2025
AsemconnectVietnam - This information was announced by the Board of Directors of Hua Na Hydropower Joint Stock Company (stock code: HNA) at the Investor Conference organized by the Company in collaboration with Rong Viet Securities (VDSC) on the afternoon of December 11, 2025.
At the conference, the Board of Directors of Hua Na Hydropower Joint Stock Company presented preliminary results on the Company's business performance in 2025.
Thanks to favorable hydrological conditions and a large amount of water flowing into the reservoir due to the increased impact of storms and floods in the area, the Company recorded positive business results and electricity generation efficiency exceeding the plan. Estimated electricity production for the whole year of 2025 is 1,047.44 million kWh, achieving 153% of the annual plan and growing 64% compared to 2024.
Corresponding to this production, total revenue is estimated at VND1,166.26 billion, achieving 141% of the plan, and pre-tax profit is estimated at VND487.42 billion, achieving 250% of the annual target and increasing 71% compared to the same period last year.
“Based on these results, the Company plans to propose to the General Meeting of Shareholders a cash dividend of 15% for 2025, expected to be paid in July-August 2026,” said Mr. Hoang Xuan Thanh, Chairman of the Board of Directors of Hua Na Hydropower Joint Stock Company.
Regarding its long-term strategy, a representative from PV Power HHC stated that the company is actively seeking and surveying energy projects that align with its management and financial capabilities in order to expand its scale.
The company aims to broaden its business scope and provide additional services such as: training and guidance on operation, operational management, maintenance and repair, and testing and calibration of hydropower plants.
One of the most discussed topics at the conference was the operational status of the Hua Na and Nam Non hydropower plants and their future development plans. The completion of the acquisition of the Nam Non hydropower plant in 2024 significantly expanded its capacity, creating a solid foundation for growth in the coming years.
Regarding the HHC shares of Hua Na, the company's management stated that the stock is highly concentrated due to its current shareholder structure: strategic shareholders hold a large percentage, with PV Power holding over 80%, along with Lilama, MB, and several other shareholders.
However, Hua Na is implementing a clear development strategy. The market has been generally quite active recently, and the share price of HNA has at times reached 24,000-25,000 VND/share. Although trading volume is not yet high, some founding shareholders plan to increase the number of shares available on the market. This could be an opportunity for investors to access HNA shares, as well as contribute to increasing the liquidity of the hydropower stock group, which is currently being positively evaluated.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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