Pha Lai Thermo Power Co. announces to fulfil 2009 plan

VNStockNews.com - Up to the end of Oct, Pha Lai Thermo Power Joint Stock Co (coded PPC) reported to produce 6.233 billion KWh, fulfilling 104.42 percent of the year plan.

The company plans to reach the production target of 7.021 billion KWh in 209, bringing in 4.204 trillion dong in revenue.

Apart from its main business line of electricity production, PPC also focused on other financial investment activities such as offering loans, investing in stocks and working with other funds of SSIAM, BVFMC, and VFM with the total value of about 2 trillion dong.

In addition, in 2009, the company contributed capital of 675 billion dong in Quang Ninh thermo power Joint Stock Co and 775 billion dong in Hai Phong thermo power Joint Stock Co in order to make profit in the future.