Ba Ria Thermal Power Joint Stock Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 30, 2016; Provides Earnings Guidance for the First Quarter 2017; Provides Production Guidance for Fourth Quarter 2016 and First Quarter 2017
For the year, net revenue was VND 1,667,972 million, net profit was VND 148,074 million, profit before tax was VND 146,550 million, and profit after tax was VND 118,112. million.
The company's expects fourth quarter of 2016 total electricity production was 157, 93 million kWh.
The company's expects first quarter of 2017 total electricity production was 362, 24 million kWh.
The company's business plan for first quarter of 2017 is total revenue of VND 494,395 million and profit after tax of VND 25,451 million and Profit after tax of VND 73,614 million.