HTV expects net profit of over 21b dong in 2011

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HTV expects net profit of over 21b dong in 2011

Written by Dailynews.vn Friday, 16 December 2011 15:46

The management board of Ha Tien Transportation Joint Stock Co (coded HTV) has lately released the 2011 business results and worked out 2012 year plan. In details, HTV expects to reach Q4 net revenue of 33 billion dong, raising the figures for whole year to 122 billion dong, fulfilling 70 percent of targeted year plan. The after tax profit was estimated at 3.5 billion dong in Oct-December period, or whole year profit of 21.4 billion dong, surpassing 25 percent of the profit plan. The management board has also approved for purchasing 300,060 fund shares and offloading 237,380 VCB-coded shares. With such results, the company set up 2012 business plan with targeted net revenue of 182 billion dong, after tax profit of 18 billion dong and pay dividend at 10 percent.