Tay Do Leather producer aims to reach total profit of 5b dong
The shareholders of Tay Do Leather Joint Stock Co have lately approved the company’s business plan in 2011 with targeted production output of 3 million products, bringing in total pre-tax profit of 5 billion dong.
Last year, in its audited business reports, the company posted total net revenue of 166.53 billion dong, after tax profit of 7.91 billion dong, about 3.45 times higher than that of 2009. The company planned to pay dividend in cash at 16 percent ratio.
The company, with chartered capital of 17.8 billion dong, has main business lines of producing and trading leather-made products, trading raw materials, equipment and machines in leather and shoe-making industry.
Tags: Vietnam business, Vietnam enterprises