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: Vietnam business, Vietnam companies