Vietnam Daily News

Lafchemco closes shareholders list for floating shares on HNX

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

In order to prepare for listing shares on Hanoi Stock Exchange (HNX), Lam Thao Fertiliser and Chemical Joint Stock Co (Lafchemco) has lately announced to close the shareholders list for depositing shares at Vietnam Securities Depository Centre (VSD) on December 20, 2011. At present, the company has chartered capital of 540 billion dong, specialising in producing and trading fertiliser, chemical products. In the first ten months of 2011, the company reported producing 231,923 tonnes of sulphuric acid, completing 82.3 percent of year plan, while total fertiliser production output over 1.314 million tonnes and consumption volume of about 964,000 tonnes, equivalent to 81.6 percent and 71.4 percent respectively. This year, the company set targets to reach whole year after tax profit of 225 billion dong. However, Lafchemco reported gaining accumulative after tax profit of 300 billion dong by the end of October. In 2010, the company reported reaching after tax profit of 287 billion dong and paying dividend at 40 percent.

Source: www.intellasia.net/news/articles/stock_market/111351354.shtml