Ry Ninh II Electric JSC. (RHC) made a net profit of VND13.7 billion in 2011, surging 128% from VND6 billion in 2010, the firm said in its financial statements posted on HNX’s website.

The company’s revenue reached VND49.4 billion in 2010, up 69% from VND29.3 billion in the previous year.

 

In Q4/2011, RHC posted VND7.7 billion net profit on VND18.6 billion revenue, up 208% and 74% from VND10.7 billion a year earlier, respectively.

 

The firm had total assets of VND127 billion at the end of quarter, against VND133.4 billion at the beginning of this year.

Source HNX