Khanh Hoi Export Import JSC targets 62b dong pre tax profit in 2011

Khanh Hoi Export Import Joint Stock Co (KHA) has announced that it will submit this year’s business targets to the coming annual shareholders’ meeting that will be held on April 02 whereby KHA targets to gain 210 billion dong of net revenue, pre tax profit at 62 billion dong and dividend payment of 15-20 percent.



In the structure of revenue, the company expects to reach about 165.6 billion dong of revenue from realty sector, and then 22 billion dong from trade and services, 12.6 billion dong from other services and financial operations and other business operations at 5.8 billion dong and 4.8 billion dong respectively.



KHA is finalising some projects such as Khanh Hoi 3, and Riverside Palace will also invest in some new projects like Khahomex-Savico Tower project worth 416 billion dong (of which KHA accounts for 51 percent stake) that is expected to finish in Q2 2012, the Titco Plaza project capitalised at 721 billion dong (of which, KHA invests 30 percent) that will be started work in May and finish by early 2013.



In addition, KHA will balance its financial needs in 2011-2012 to build the detailed plan of scaling up its chartered capital in mid 2011.

Tags: Vietnam business

Posted by VBN on Mar 14 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