Vinachem aims to obtain Q2 profit of 700b dong

By the end of the first three months of this year, Vietnam Chemicals Group (Vinachem) reported gaining total revenue of 9.091 trillion dong, increasing by 38 percent against the same period last year, and profit of 750 billion dong, equivalent to 26.7 percent of the year plan.

In Q1 of 2011, the company estimated to reach total construction value of 1.42 trillion dong, equalling to 20 percent of year plan.

In Q2, Vinachem aimed to reach total industrial production value of 4 trillion dong, revenue of 8 trillion dong and expected profit of 700 billion dong.

In the first six months of this year, the groups expected to reach total revenue of 17 trillion dong, up 29 percent, and profit of 1.45 trillion dong or 51.8 percent of year plan.

In April-June period, the company planned to spend 1.9 trillion dong in construction and investment projects. – Vietbiz24

Tags: Vinachem

Posted by VBN on Apr 26 2011. Filed under Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry