Liberty aims to obtain net profit of 79.5b dong in 2011

Que Huong Liberty Joint Stock Co (Liberty) has lately passed the targeted year plan in 2011 with net revenue of 267 billion dong, pre-tax profit of 106 billion dong and after tax profit of 79.5 billion dong.



Last year, the company reported gaining total net revenue of 266.65 billion dong, after tax profit of 79.53 billion dong and dividend payment at 19 percent in cash.



Liberty’s shareholders also approved for issuing two million 24-month bonds with par value of 100,000 dong per bonds and coupon rates of 17 percent per year. The company planned to use the total raised capital of 200 billion dong fro supplementing capital for Pullman Saigon Centre project.



At present, Liberty has chartered capital of 320 billion dong.

Tags: Vietnam business, Vietnam enterprises

Posted by VBN on Apr 4 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