Viglacera Tien Son expects 2011 profit of 36b dong

The northern bourse-listed Viglacera Tien Son Joint Stock Co (coded VIT) has lately released the targeted business plan in 2011 with expected pre-tax profit of 36 billion dong and dividend rate of 20 percent at minimum.



This year, the company planned to expand production scale in Viglacera Thai Binh factory, raising the factory’s capacity to 4 million square metres of products per year. The total investment capital for this project was supposed at about 200 billion dong.



In addition, the company would also improve production capacity in two factories of Viglacera Tien Son and Viglacera Thai Binh.



The company would hold 2011 annual shareholders meeting at 8:30 on March 30, 2011 at the company’s head office in Tien Son Industrial Zone, Tien Du Dist, Bac Ninh province.

Tags: Vietnam companies, Vietnam stock news

Posted by VBN on Mar 25 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