VSH: Explanation of Profit Fluctuation in the 2024 Audited Financial Report

In the audited financial report for 2024, Vietnam Power Corporation (VSH) recorded a significant fluctuation in profit compared to the previous year. The main cause of this fluctuation is attributed to changes in the electricity production cost and the increase in raw material costs. Additionally, electricity consumption faced difficulties due to the impact of weather and new power management policies. The company has implemented measures to optimize production processes and manage costs more effectively, but still could not avoid market impacts. It is expected that next year, VSH will continue to focus on improving production efficiency and expanding the market for sustainable growth.

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