Dong Phu rubber firm targets to gain pre-tax profit of 375b dong in 2011


The management board of Dong Phu Rubber Joint Stock Co (coded DPR) has lately announced to approve the 2011 business plan with targeted production output of 14,500 tonnes, gaining the pre-tax profit of 375 billion dong, declining by 57.5 billion dong against that of 2010.

The company planned to pay 2011 dividend at 30 percent.



The company targeted to spend 370 billion dong on basic construction investment and financial investment in 2011.



In 2010, DPR reported reaching total production output of 16,143 tonnes, equivalent to 100.8 percent of the year plan. The pre-tax profit was posted at 432.546 billion dong or 184 percent of the year plan and after tax profit of approximate 394 billion dong.



The company will pay 2010 dividend at 30 percent ratio, of which DPR advanced the first round dividend of 15 percent previously.

Tags: ,

Posted by KaxHereebaf on Mar 10 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

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Gold Ends Higher, Dips On Bernanke Speech
  • Gold up after Bernanke’s dim view
  • Gold gained for the first time in three days after U.S. jobless claims unexpectedly rise
  • Stocks close down from opening highs
  • Investors cautious over economic data
  • Accord to lift gas supply sealed
  • CNPC To Sell Bonds
  • Pang Da’s Shares Tumble On Saab’s Bankruptcy Move

Sponsored

Looking for an overseas forex broker?