PV Power to hold IPO roadshows next weekPetroVietnam Power Corporation (PV Power) will hold two roadshows to introduce the investment opportunity in the company’s initial public offering (IPO), scheduled on January 31 on the Ha Noi Stock Exchange. In 2017, the power company generated 20.58 billion kWh, with consolidated revenues of nearly VND31 trillion and after-tax profits of VND2.3 trillion. At the roadshows, PV Power will provide details on its business performance and financial state, development prospect, as well as respond to investors’ concerns about potential investment in the company. PV Power currently has one coal-fired power plant, three thermal power plants and three hydropower plants, with a total capacity of 4,208MW, accounting for some 11 per cent of the nation’s electricity generation capacity. In 2017, the power company generated 20.58 billion kWh, with consolidated revenues of nearly VND31 trillion and after-tax profits of VND2.3 trillion.
Source: VietNamNet News January 12, 2018 09:11 UTC