Vinh Son – Song Hinh Hydropower Joint Stock Company (VSH) has announced its 2025 plan, targeting a 21% increase in after-tax profit to 541.16 billion VND, with a minimum dividend of 20%. Due to weather conditions affected by the El Nino phenomenon and unfavorable electricity market policies, VSH forecasts production difficulties. The company will not pursue project expansions because they are not included in the government’s plan and are deemed ineffective. They will explore renewable energy projects and negotiate with EVN for electricity price adjustments. The goal for electricity production is set at 1.94 billion kWh, a 13% increase compared to 2024.
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