Dong Hai Ben Tre sets targets to reach net profit of 38.72b dong

Dong Hai Ben Tre Joint Stock Co (coded DHC) announced to hold the annual shareholders meeting on March 31, 2011. In the meeting, the company will seek approval among the shareholders about issuing shares to raise chartered capital.



The existing shareholders will have warrants for purchasing the additional shares at par value under ratio of 10:3. The purposes of the share issuance were to supplement working capital, restructuring the ownership capital and loans for expanding the production scale.



At the same time, DHC would also collect the shareholders’ opinions about the targeted year plan of 632.51 billion dong in revenue and 38.72 billion dong in after tax profit. The 2011 dividend payment rate was posted at 15 percent.



In 2010, the company planned to pay dividend at 15 percent, of which DHC had advanced 6 percent and the rest 9 percent will be paid after getting approval from the company’s shareholders in the meeting.

Tags: Vietnam enterprises

Posted by VBN on Mar 17 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