POW - Q3 earnings jump on higher gas-fired contracted volume - Earnings Flash
  • 2021-11-01T00:00:00
  • Company Research

POW reported stellar Q3 2021 results with reported NPAT-MI skyrocketing 3.6x YoY to VND483bn (USD21mn) mainly thanks to strong earnings from the Nhon Trach 1 and Nhon Trach 2 (HSX: NT2) power plants, solid performance from the Vung Ang coal-fired plant in July and August, and a lower recognition of maintenance expenses and absence of bad-debt provisions.

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