Tuesday, April 17, 2007

Pha Lai Thermal Power doubles revenues in 2006

Pha Lai's 2006 revenues more than doubled to 3.6 trillion dong ($223 million) from 1.5 trillion dong in 2005, it said in a statement. Its net profit last year soared to 979 billion dong ($60.7 million) from just 9 billion dong a year ago.

Its shares lost 2,000 dong to close at 69,500 dong ($4.30) before the results were released.

Source: Reuters

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