EVN Finance divest from Thac Ba Hydro-power Co

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The finance arm of Electricity of Viet Nam, EVN Finance, conducted a major sell of all of its 6.22 per cent stake in Thac Ba Hydro-power Co's (TBC) capital, the company reported on Friday.

A view of Thac Ba Hydro-power plant in northern Yen Bai Province. Photo thietbimaydien.com
HA NOI (Biz Hub) — The finance arm of Electricity of Viet Nam, EVN Finance, conducted a major sell of all of its 6.22 per cent stake in Thac Ba Hydro-power Co's (TBC) capital, the company reported on Friday.

The company earlier posted a net profit of VND69.2 billion (US$3.3 million) in the first half of this year, up 79 per cent year-on-year. — VNS



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