HCMC – PetroVietnam Power Corporation (PV Power), which trades its POW shares on the Hochiminh Stock Exchange (HOSE), posted over VND10.4 trillion in revenue in January-April. The company did not provide data of the year-ago period for comparison.
In April alone, it made over VND2.6 trillion in revenue, down 7% year-on-year, and posted electricity output of 1.369 million kWh.
The company plans to increase its output and revenue by 8% next month to about 1.5 million kWh and VND2,831 billion.
The firm’s first-quarter revenue rose 5% year-on-year to over VND7.4 trillion. However, a 12% increase in input costs resulted in the company’s profit margin contracting to 9% from 15%.
POW closed the trading session today, May 12, 0.75% higher than the previous session, at VND13,400 per share and reported a matching volume of more than 4.8 million shares.
With advancers outnumbering decliners by 222 to 140, the VN-Index of the HOSE gained 9.78 points, or 0.93%, over the session earlier, at 1,066.9 points.
More than 725.8 million shares worth nearly VND12 trillion were traded on the southern bourse, up 2.47% in volume and 3.84% in value day-on-day. Over 37.28 million shares transacted in block deals contributed VND856 billion to the overall value.
HPG of local steelmaker Hoa Phat Group took the lead by liquidity today with a matching volume of 45.1 million shares.
On the northern bourse, the HNX-Index added 0.69 points, or 0.32%, from the previous session to 215.1 points, with 105 winners and 79 losers.
Trade on the Hanoi exchange amounted to more than VND1.5 trillion with 117 million shares changing hands.
Source: The SaigonTimes