EVN-Land Central and ND2 release audited financial reports
The Central Region Real Estate Joint Stock Co (EVN-Land Central) and Northern Region Investment and Development Joint Stock Co (ND2) have recently released the 2010 audited financial reports with after tax profit of 6 billion dong and 697 million dong respectively.
In details, in 2010, EVN-Land Central reported gaining net revenue of 8 billion dong, increasing by 76 percent year-on-year; net profit of 8.4 billion dong, of which profit from financial activities counted for 7.8 billion dong. The company posted whole year tax profit of 6 billion dong, up 88.7 percent against the previous year.
Similarly, last year, ND2 reported no revenue from sales and services. The company’s net profit in 2010 mainly came from financial activities. ND2 estimated to reach after tax profit of 697 million dong, compared to no profit in 2009.
Tags: Vietnam business news, Vietnam enterprises