MCG sets target to reach total profit of 134b dong

The management board of Vietnam Mechanisation Electrification & Construction Joint Stock Co (MCG) approved the 2011 business plan with targeted revenue of 1.818 trillion dong, up 133 percent against that of 2010 of 778 billion dong.



The company set target to reach after tax profit of 133.84 billion dong, equalling to 286 percent against the 2010 profit of 46.72 billion dong.



The dividend ratio was estimated at 15 percent.



In 2011, MCG continued to record gaining revenue from 102 Truong Chinh project.



After March 23 session, MCG-coded shares rose by 500 dong to 15,300 dong per share with 642,000 units being transferred.

Tags: Vietnam business, Vietnam enterprises, Vietnam stock news

Posted by VBN on Mar 24 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