RHC: Board Resolution
Ry Ninh II Hydroelectric JSC announces the Board Resolution approved on 04/11/2009 as follows:
1. Operating results of the first 6 months of 2010:
- Total revenue: VND 9,705 bil
- Payment to state budget: VND 1,222.9 bil
- Profit before tax: VND 1,629 bil
2. Operating plan for Quarter III/2010 and the last 6 months of 2010:
- Total revenue of Quarter III/2010: VND 16,218.4 bil
- Payment to state budget of Quarter III/2010: VND 1,618.2 bil
- Profit before tax of Quarter III/2010: VND 6,211.3 bil
- Total revenue of the last 6 months of 2010: VND 30,054 bil
- Payment to state budget of the last 6 months of 2010: VND 2,998 bil
- Profit before tax of the last 6 months of 2010: VND 11,467 bil
3. Investment projects:
- Agreed in principle the acquisition of Iagrai 3 Hydroelectric Power plant- a subsidiary of Song Da No. 4 JSC.
- Transfer 54% of holdings in Song Da Tay Nguyen Hydroelectric Power JSC to Song Da Consultant Design JSC or other subsidiaries of Song Da Corporation.
- The BOD agreed that RHC will become a member of Song Da Corporation.
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