At the annual general shareholders meeting on April 22, PV Power approved its 2025 business plan with a target of 18.86 billion kWh in electricity production and 38.185 trillion VND in revenue, though expected profit is projected to drop by 67% year-on-year. PV Power reported positive results in Q1 2025 with a 20% increase in electricity production and a 26% hike in revenue. However, the company will not pay dividends for the fifth consecutive year. The Nhơn Trạch 3&4 power plant project is expected to operate at a loss in the first two years but aims for profitability starting in 2027, significantly boosting company revenue. PV Power will continue investing in clean energy projects and is collaborating with Vingroup to develop a charging station system, which is expected to contribute to future revenue. Finally, new leadership was appointed to the Board of Directors.
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