(ĐTCK) Pha Lai Thermal Power Joint Stock Company (PPC stock code – HOSE) will close the list of shareholders to pay third dividend in 2020 on May 18.
Accordingly, the Company will pay dividends in cash at the rate of 18.94% (equivalent to 01 share, received VND 1,894). Dividend advance payment time is expected on September 3.
Previously, the Company paid the first dividend in December 2020 at the rate of 3.5% and the second time in 2020 in March 2021 with the rate of 11.5%.
According to PPC’s audited financial statements in 2020, total revenue of the Company reached VND 8,219.5 billion, completing 99.3% of the year plan. Profit before tax reached VND 1,210.65 billion, exceeding 58.2% of the plan.
Electricity production reached 5,776.73 million kWh, completing 93.17% of the plan. Commercial electricity output reached 5,265.47 million kWh, completing 94.05% of the plan.
At the end of the year, the total assets of Pha Lai Thermal Power reached VND 7,233.7 billion. Total liabilities are short-term liabilities nearly 750 billion. The undistributed after-tax profit by the end of 2020 is down to 2,145 billion dong. EPS is 3,153 dong / share.
Regarding the business plan in 2021, PPC is expected to bring VND 5,658 billion in total revenue, a decrease of 31% and VND 343 billion in profit before tax, a decrease of 72% compared to 2020. Electricity production is expected to reach 4,402 million kWh and electricity consumption is estimated at 3,586 million kWh.
At the same time, the Company plans to pay dividends in 2021 at the rate of 15%.
On the stock market, at the end of the trading session on May 7, PPC shares dropped 1.8% to 27,150 dong / share, trading volume reached 593,600 shares / session.
Source: tinnhanhchungkhoan.vn – Translated by fintel.vn