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Home Stocks & Market Stocks & Securities HSC expects to achieve whole year profit of 185b dong in 2011

HSC expects to achieve whole year profit of 185b dong in 2011

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Johan Nyvenen, general director of HCM City Securities Co (coded HSC) announced that the company estimated to reach whole year after tax profit of 185-190 billion dong, surpassing the adjusted year plan of 177 billion dong. In November, the securities firm successfully issued about 40 million shares, raising about 400 billion dong of capital. After the share issuance, the company's chartered capital has been increased from 600 billion to over 998 billion dong, and ownership capital of 2.095 trillion dong. The company planned to close the shareholders list on December 22 for paying dividend at 10 percent ratio. The dividend was supposed to be paid on January 12, 2012.

Source: www.intellasia.net/news/articles/stock_market/111351101.shtml


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