BTP: Explanation business result in Q2/2010
Ba Ria Thermal Power Joint Stock Company has explained business result in Q2/2010 as follows:
Items |
2009 |
2010 |
Difference |
VND |
% |
Profit in the first 6 months |
28,144,572,440 |
59,717,563,633 |
31,572,991,193 |
112% |
Electricity output in the first 6 months |
1,187,104,000 |
1,264,608,700 |
77,504,700 |
7% |
• In Q2/2009, there was shortage of gas supply leading to decrease of electricity output. Meanwhile gas supply was stable in the first 6 months 2010 and dry season prolonged during the time; they made turbine groups of the electricity system to run with maximum capacity, even run by Diesel oil. Therefore, electricity output in the first 6 months increased leading to increase of sales and profit.
• Due to increase of input expenses, the company coordinated with the Electricity of Vietnam (EVN) to raise the electricity selling price (Fixed selling price increased by VND16.26/kWh).
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