Vinh Son-Song Hinh hydropower firm posts 102b dong profit in Q1

Wednesday, May 21, 2008
Vinh Son-Song Hinh Hydropower Joint Stock Co (coded VSH) recently announced that in the first quarter of this year it gained 144.942 billion dong in net revenue from sales and service provision, up 56.55% yoy and 102.072 billion dong from after tax profit, rising 71.78% year-on-year.

Last year, the company made a revenue of 370.16 billion dong and 254.38 billion dong from after tax profit.

With a capacity of 66MW and a yearly output of 230 million kWh, Vinh Son hydropower plant is the first large scaled hydropower plant in the central and highland areas of Viet Nam.