In the spirit of welcoming new year 2017, year of the Rooter, in 12 Jan 2017, Power Construction JSC No.1 has hold a successful meeting to assess the implementation of 2016 plan, and deployment of plan for 2017
2016 is the first year that PCC1 deploys the 2016-2020 development strategy, with a vision to 2030. In 2016, PCC1 has achieved some milestones and milestones:
Complete and publish the Company Strategic Report 2016-2020, Vision 2030.
Successful listing of PC1 shares on Ho Chi Minh Stock Exchange, with the capital contribution of Dragon Capital.
Complete the power generation in the first two hydropower plants in the energy investment strategy. On 08/01/2017, PCC1 was honored to receive the Prime Minister to cut the ribbon and plant a souvenir at Bao Lam 1 Hydropower Plant – Ly Bon Commune, Bao Lam District, Cao Bang Province.
Performance results of basic indicators in business
– Business value: VND 4.052,263 billion Reached 94% of the plan
– Total revenue: 3.006,631 billion Dong achieved 97% of the plan
– Profit after tax: VND 300,782 billion
– Deductions to the budget: 159.013 billion
– Total salary fund: 178.943 billion
– Company average income: 11.95 million VND / person / month
With the theme “Reaching to the sea,” in 2017, PCC1 will continue its development strategy roadmap with the motto: To invest in the development of the core business of electricity projects and electricity production. In depth; Expanding investment, doing business in the field of development are many advantages; Maintain the speed of investment in power plants and real estate projects as planned; Improve the capacity of system administration, risk management, product quality management; Creating financial resources for the implementation of new investment projects – Creating resources to break through from 2018-2020.
Key targets Plan 2017-2018
Unit: billion
2017F 2018F
Business Value: 5.157,040 6.520,084
Total Revenue: 3.585,919 5.156,366
Profit after tax: 306,893 423,294
Believing in the development strategy, internal resources and the determination to raise PCC1 in the area, the Board of Directors together with the whole staff of the Company is confident and endeavors to work together to build PCC1 continuously. Develop, successfully complete the objectives and planned tasks.
Some images at the conference: