HJS’s Jan-Sep profit fulfils 80pct of year’s plan

07-Oct-2011 Intellasia | DVT | 7:24 PM

Nam Mu Hydropower Joint Stock Co (HJS) has recently announced the resolution of the director board about the business results in the first nine months of this year.

Accordingly, in Q3, the company’s business and production value reached 39 billion dong, bringing the total figure in Jan-Sep to 122 billion dong, or 81 percent of the year’s plan.

Its profit before tax in Q3 was 5.3 billion dong and the figure in Jan-Sep was 14.4 billion dong, or 80 percent of the year’s target (19.4 billion dong).

In Q4, the company targets to gain 31.13 billion dong production and business value and profit before tax at five billion dong.

HJS also planned to finalise legal procedures in Q4 this year for Nam An hydropower project, that is expected to be in operational by Q2 2012.