Friday, 28/10/2011 14:28

TMP: Explanation for business difference in QIII/2011

Thac Mo Hydro Power JSC (HOSE: TMP) has explained profit decreased over 10% in QIII/2011 beside QIII/2010 as follows:

Unit: Million dongs

No.

Items

Quarter 1/2010

Quarter 1/2011

+/- Change

% Change

Reasons

 

(1)

(2)

(3)

(4)=(3)-(2)

(5)=(4)/(2)

(6)

1

Electricity production (million kwh)

136.01

244.2

108.19

79.55%

The water level at Thac Mo Lake increased compared with the same last year

2

Revenue from electricity

61,850

100,851

39,201

63.38%

Increasing production made the revenue increase

3

Profit before tax

7,664

32,899

25,235

329.27%

 

4

Profit before tax

5,700

32,899

27,199

477.18%

 

hose

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