L18 targets to reach profit of 22b dong, and dividend payment at 18pct

The Investment and Construction Joint Stock Co No 18 (coded L18) has approved the 2011 year plan of pre-tax profit of 22 billion dong and dividend payment of 18 percent.



In addition, the company aimed to reach total production value of 860 billion dong, and total revenue of 770 billion dong.



This year, L18 planned to spend 59.5 billion dong for investment activities, of which 40 billion dong would be for construction projects, 7.5 billion dong for improving equipment capacity and 12 billion dong for other investment projects.



In 2010, L18 reported gaining total revenue of 688.8 billion dong and after tax profit of 16 billion dong.

Tags: Vietnam business

Posted by VBN on Mar 28 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