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Thang Long Power Plant Joint Stock Company (Vietnam)

Main Activities: Electric Power Generation
Secondary Activities: Forest Nurseries and Gathering of Forest Products | Mining, Quarrying, and Oil and Gas Extraction | Nonmetallic Mineral Mining and Quarrying
Full name: Thang Long Power Plant Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The subject is known as the investor, manager and operator of Thang Long thermal power plant. The initial target of this project was construction of thermal power plant with capacity of 50MW to supply for Thang Long Cement factory only. However, after that, the project was expanded following the permission of the governor. Accordingly, it is planning to supply power for customers throughout the EVN Group's electricity network. As the plan, within the year 2011, the subject would finish the plant. However, due to some delays, up to October 2014 the subject officially constructed the plant, and in 2018, it officially generated and traded electricity. According to Media Mass, the factory has design capacity of 600 MW and total investment capital of USD 900 million. After 5 years of operation, this factory had sold to the national grid with an output of about 16 billion kWh. In the first 6 months of 2023, this factory generated and sold to the national grid with an output of 1,679,398,000 kWh.

Headquarters
Le Loi Commune
Ha Long; North Eastern Vietnam; Postal Code: 01000-02000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
August 03, 2007
Key Executives
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General Director
Ownership Details
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12.5%
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2.5%
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1.67%
Company Performance
Financial values in the chart are available after Thang Long Power Plant Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
24.14%
Total operating revenue
24.14%
Operating profit (EBIT)
-76.29%
Net Profit (Loss) for the Period
-76.44%
Total assets
-3.3%
Total equity
0.17%
Operating Profit Margin (ROS)
-8.1%
Net Profit Margin
-8.12%
Return on Equity (ROE)
-8.79%
Debt to Equity Ratio
-48.53%
Quick Ratio
-0.21%
Cash Ratio
-0%

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