BTS estimates to gain whole year revenue of 2.7tr dong

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BTS estimates to gain whole year revenue of 2.7tr dong

Written by Dailynews.vn Monday, 19 December 2011 21:16

Nguyen Ngoc Tuan, representative of vicem But Son Cement Joint Stock Co (coded BTS) announced that up to December 16, 2011, the company has fulfilled the 2011 targeted production plan with 2.45 million tonnes of clinker. During the year, the cement producer has focused on exporting clinker to foreign markets to avoid stockpiled products and reduce pressure on financial costs because the company can collect sales revenue quickly from exporting clinker. With such results, by the end of this year, BTS estimated to reach whole year revenue of 2.7 trillion dong, surpassing the targeted year plan of 2.53 trillion dong. The company hasn't released information relating to profit that would mostly depend on the change of forex rates.