Thac Mo Hydropower Joint Stock Company's business plan decreased
Thac Mo Hydropower Joint Stock Company set a decreased business plan for 2025 compared to the previous year. The company projected revenue to decrease by 8% to over VND 703 billion and after-tax profit to decrease by more than 18% to an estimated VND 290 billion. The electricity production target was also 11% lower than the same period, reaching only 732 million kWh. The company presented a cautious plan despite forecasts indicating a likely neutral El Nino phenomenon.
Thac Mo Hydropower Joint Stock Company set a decreased business plan for 2025 compared to the previous year. The company projected revenue to decrease by 8% to over VND 703 billion and after-tax profit to decrease by more than 18% to an estimated VND 290 billion. The electricity production target was also 11% lower than the same period, reaching only 732 million kWh. The company presented a cautious plan despite forecasts indicating a likely neutral El Nino phenomenon.
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