BTP: Explanation for business result in Quarter 1/2012
Ba Ria Thermal Power Joint Stock Company has explained the difference in profit between Quarter 1/2012 and Quarter 1/2011:
- Not enough gas to produce electricity leading products of electricity was low.- During waiting for negotiations about a new electricity price, the Vietnam Electricity has temporarily applied a price equal to 80% of the fixed price and 100% of flexible price.- Therefore, profit in quarter 1/2012 was lower than the same period of last year.
- Not enough gas to produce electricity leading products of electricity was low.
- During waiting for negotiations about a new electricity price, the Vietnam Electricity has temporarily applied a price equal to 80% of the fixed price and 100% of flexible price.
- Therefore, profit in quarter 1/2012 was lower than the same period of last year.
HOSE
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