Car maker targets to reach 2011 net profit of 66.4b dong

TMT Automobile Joint Stock Co (coded TMT) has lately announced to gain whole year after tax profit of 41.9 billion dong in 2010, fulfilling only 35 percent of the year plan. The company’s management board has approved the dividend payment of 12 percent in 2010.

As for business plan, the management board released the 2011 plan with targeted revenue of 1.897 trillion dong and after tax profit of 66.4 billion dong, increasing by 58.47 percent year-on-year.

Tags: TMT Automobile, Vietnam automotive, Vietnam automotive industry, Vietnam autos market

Posted by VBN on Apr 9 2011. Filed under Automotive. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry