PC1 Green Energy JSC is set to be established with a charter capital of VND 10 billion, of which PC1 will contribute VND 6 billion in cash. The company has authorized the CEO to sign all necessary documents and procedures for the establishment of the new company and to ensure capital contributions comply with regulations. Additionally, the Chairman of the Board of Directors has been granted the authority to make decisions on related matters during the implementation process.
In the energy sector, the company has successfully operated 7 hydroelectric plants with a total capacity of 170MW and a total investment of VND 5,000 billion.
Alongside its existing and ongoing hydroelectric projects, the company is expanding into renewable energy projects such as solar and wind power in advantageous regions. The goal is to achieve a power generation capacity of 744MW by 2025. Currently, the company is investing in three wind power projects—Lien Lap, Phong Huy, and Phong Nguyen—each with a capacity of 48MW, located in Quang Tri province.
In addition to its hydroelectric plants, PC1 is developing renewable energy projects like solar and wind power in strategic locations.
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Prior to PC1 Green Energy, the company announced its investment in establishing PC1 – Hai Phong Industrial Park JSC in March this year, with a 98% ownership stake (VND 19.6 billion in cash) out of a total charter capital of VND 20 billion.
As of September 30, 2025, the company has contributed VND 5 billion to PC1 – Hai Phong Industrial Park JSC. Broadly, the company’s structure includes 28 first-tier subsidiaries and 3 second-tier subsidiaries, focusing on areas such as electrical construction, power generation and trading, wind energy production, real estate investment, and industrial park infrastructure management.
In other recent developments, PC1 completed the issuance of over 53.6 million bonus shares to 14,223 existing shareholders on November 13, with delivery expected in December. This issuance increases the company’s outstanding shares from over 357.6 million to nearly 411.3 million, raising the charter capital to approximately VND 4,113 billion.
The company had previously planned to issue shares under the 2025 Employee Stock Ownership Plan (ESOP 2025) but temporarily halted the process to review issuance conditions, documentation, and the plan approved by the 2025 Annual General Meeting, ensuring compliance with legal regulations. The approved plan included a maximum of 10.7 million shares, equivalent to 3% of the charter capital. The Board of Directors plans to resubmit the ESOP proposal at the next General Meeting.
In terms of business performance, PC1 recorded net revenue of over VND 3,278 billion in Q3/2025, a 47% increase year-on-year. Net profit reached nearly VND 301 billion, up 89%, bringing the nine-month net profit to VND 498 billion, a 25% increase.
Revenue from construction, electrical equipment supply, and industrial park infrastructure in Q3/2025 doubled compared to the same period last year, driven by accelerated project execution and acceptance. The energy segment also saw growth in revenue and profit due to higher commercial electricity output, supported by favorable hydrological conditions. In the mining sector, improved extraction efficiency and recovery rates reduced costs, increased production output, and lowered unit costs.
Additionally, some projects of the affiliated company Western Pacific transitioned from the investment phase to sales, contributing to consolidated profits.
| PC1’s net profit surged in Q3/2025 |
On the stock market, PC1 shares recently experienced a slight correction after entering a strong resistance zone. As of the close on November 21, the share price stood at VND 22,100, up 12% year-to-date, with average daily trading volume of nearly 3.2 million shares.
| PC1 share performance since the beginning of 2025 |
– 11:16 24/11/2025
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