At least 40 companies reach their business targets in Q3

While many enterprises are still facing many hardships and have to reduce business plan, many other firms have achieved their business targets ahead of time with impressive figures.
Basing on figures announced by enterprises, there have been nearly 40 companies have reached their business plans. Prominently, amongst listed companies that fulfilled the year’s business target ahead of schedule, HCM City Metal Joint Stock Co. (HCM) fulfilled the years before tax profit target right in Q1. In Q3, according to the company’s fiscal report, it’s before tax profit in Jan-Sep was 90.5 billion dong, triple from the same period last year and exceeding 81% of this year’s before tax profit target (50 billion dong).

In addition, Binh Dinh Minerals Joint Stock Co. (BMC) also posted an impressive performance. Right in the first half of this year, BMC exceeded 20.7% of the year’s before tax profit target. Especially, till September this year, BMC’s before tax profit was 72.4 billion dong, surpassing 158.5% of the year’s target.

Some other companies have also surpassed the year’s business targets in Jan-Sep such as Ninh Hoa Sugar JSC. (coded NHS-exceeding 40%), Vietnam-Italy Steel JSC. (coded VIS-41%) together with Can Tho Agriculture and Technical Materials Joint Stock Co. (TSC) and Hanoi Education Development Investment Joint Stock Co (EID).

Some firms in sectors of seafood and rubber also posted satisfactory figures such as Cuu Long An Giang Seafood Processing JSC. (ACL) exceeded 64% of the year’s before tax profit target in Jan-Sept., Mekong Seafood JSC. (AAM) surpassing 34.21%, Tay Ninh Rubber JSC. (TNC), Hoa Binh Rubber Joint Stock Co. (HRC), Hung Vuong Seafood JSC. (HVG). – Source: Vietbiz24.com

Tags: vietnam stock, Vietnam stock market, VNindex

Posted by VBN on Oct 29 2011. Filed under Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry