POW: Financial Statement Explanation 2024 After Audit

PetroVietnam Power Corporation (POW) has announced its audited financial statement for 2024. The report highlights important aspects of financial health, operational efficiency, and challenges over the past year. Revenue reached 22 trillion VND, a 10% increase from the previous year, mainly due to increased electricity production and stable selling prices. Net profit after tax amounted to 3.5 trillion VND, a slight decrease of 5% due to rising input costs. The company reported plans for investments in renewable energy to ensure sustainable development in the future. Notably, POW emphasized its commitment to improving service quality and minimizing environmental impacts. Shareholders were informed about the 2023 dividend distribution and strategic decisions reflecting the growth direction ahead. The CEO affirmed ongoing efforts to overcome challenges and achieve the set objectives.

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