On May 28, 2026, Gia Lai Hydropower Joint Stock Company (Stock code: GHC) held its annual General Meeting of Shareholders for the 2025 fiscal year. The meeting approved the report on the 2025 operating results, the 2026 business plan, and other matters related to the company's governance and personnel.
In 2025, GHC continued to operate its existing energy projects with a total capacity of approximately 86 MWp, including hydropower, solar farms, and rooftop solar power; with the majority of the capacity coming from solar power projects.
Total system electricity production reached 211.65 million kWh, equivalent to 103% of the annual plan. Hydropower plants, solar power plants, and rooftop solar power plants continued to operate stably, with production basically on track with the annual plan.
General Meeting of Shareholders of Gia Lai Hydropower Joint Stock Company.
At the end of 2025, GHC recorded revenue of VND 369 billion and after-tax profit of VND 169 billion, achieving 107% of the annual plan. As of December 31, 2025, the company's total assets reached VND 1,486 billion. The debt-to-total assets ratio was 26% and the current ratio was 3.1 times.
The General Meeting also approved the dividend payment plan for 2025. For 2026, the General Meeting approved a revenue plan of approximately VND 348 billion, pre-tax profit of approximately VND 165 billion, and an expected electricity output of 202 million kWh.
Regarding the profit distribution plan for 2026, the General Meeting approved a dividend payment plan of approximately 15% - 25%, based on a balance between investment needs, project implementation plans, and shareholder interests.
Regarding personnel matters, the General Meeting of Shareholders approved the reappointment of Mr. Vo Hoang Vinh and Mr. Pham Thanh Tuan Anh as members of the Board of Directors for the 2026-2031 term. Simultaneously, the Board of Directors unanimously elected Mr. Nguyen Phong Phu as Chairman of the Board of Directors.
In 2026, GHC aims to continue operating its existing factories stably, monitoring and gradually implementing investment opportunities that have been researched and are suitable to market conditions and the Company's resources. In parallel, the Company will continue to focus on risk management, cost control, cash flow management, and fulfilling all financial obligations.
According to VietnamBiz Newspaper