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
5,700
27,199
477.18%
hose
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