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PPC: Explanation for business result in 10 months 2009
Pha Lai Thermal Power Joint Stock Company (PPC: PLPC) has explained business result in 10 months 2009 as follows:
In October 2009, the company did not pause the machinery assembly no. 5 for maintenance because requests of the national electricity system. Therefore, production in October 2009 surpassed the 2009 plan and completed production in the 2009 plan.
Business result in October 2009 (excluded exchange rate) as follows:
* Total revenue: VND370,086.18 million
* Total expenses: VND289,954.48 million
* Total profit before tax: VND80,131.70 million
Total 2009 accumulation profit as at October 31, 2009: VND1,076,107.20 million
Related information:
* Debts in a foreign currency as at October 31, 2009: JPY34.349 billion
* VND/JPY rate at November 13, 2009 was 189.14 VND/JPY, increased VND4.18 dongs in comparison with that at December 31, 2008.
* The company has not defined the difference of exchange rate according to the Law (defining the difference of exchange rate at the time of preparing annually financial statements).
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