Thac Mo Hydropower Co.'s electricity output surpasses 30pct of year plan

VNStockNews.com - Southern bourse-listed Thac Mo Hydropower Joint Stock Co (coded TMP) predicted to gain Q4 electricity output of about 250 million KWh, raising the whole year output of 950 million KWh, surpassing 30 percent of the year plan.

In the last quarter of 2009, the company estimated to earn over 86 billion dong of total revenue and 16.4 billion dong of after tax profit. TMP planned to pay dividend of 6 percent because most of the earned profit will be spent on increasing capital contribution to Thuan Binh Wind Power Joint Stock Co from 2 billion dong to 48 billion dong.