Vietnam Utilities: Strong Earnings Growth in 1Q22
According to the Vietnam Electricity Corporation (EVN), electricity consumption increased by 6.3% YoY in 4M22. Wind power was the biggest...
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ENTITY
Thac Mo Hydropower Jsc (TMP VN)
Thac Mo Hydropower Jsc (TMP VN)
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Analysis
Utilities • Vietnam
Thac Mo Hydro Power Joint Stock Company manages and operates a hydropower plant in Vietnam. The company is also involved in the management, operation, maintenance, repair, renovation, and installation of electrical equipment, hydraulic works, architectural works of the power plant, and laboratory equipment calibration power. In addition, it is engaged in the human resources and operations management training and development activities, as well as maintenance and repair of power plant equipment; purchase and sale, import, and export of materials and equipment; and provision of consultancy services for construction projects, project management of construction investment, and construction and installation supervision services. Further, the company constructs civil and industrial power projects, construction lines, and substations; trades in real estate, such as business services office; offers exploitation, purification, and supply services of drinking water serving domestic and industrial customers; and transports passengers and goods by road and waterway. Additionally, it plants trees covering the mining industry and forestry; operates warehouses and yards; fabricates and tests electrical, mechanical, and observation work equipment; experiments petroleum products used in power plants; and provides motel and tourist services. The company was founded in 1994 and is based in Binh Phuoc, Vietnam.
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