CVT reports gaining profit of 8b dong in Jan-March

Nguyen Quang Huy, general director of CMC Joint Stock Co (coded CVT) released to gain Q1 revenue of 60 billion dong and pre-tax profit of 8 billion dong.



In 2011, the company set targets to reach total revenue of 330 billion dong and pre-tax profit of 22.5 billion dong. The dividend rate was expected at 20-25 percent.



In Q4, the company planned to start operation the new ceramic tile plant, raising the total capacity to 6 million square metres per year in Thuy Van industrial zone, Phu Tho province in the area of over 100 hectares with total investment capital of 346 billion dong.

Tags: Vietnam companies, Vietnam enterprises

Posted by VBN on Apr 1 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry