Petec targets to reach 100b dong of pre-tax profit in 2011


Petrolimex Investment and Technical Trading Co (Petec) has lately held the annual shareholders meeting, in which the company targeted to fulfil 2011 business plan of 18.188 trillion dong of revenue and 100 billion dong of pre-tax profit. The company expected to make contribution to the state budget of 3.969 trillion dong in 2011.



Petec was one of the member companies under PetroVietnam that was ranked at third place in market shares, after Petrolimex and PV Oil.



By the end of 2010, Petec made IPO via auctioning 13 million shares to public at average price of 21,010 dong per share.


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Posted by VBN on Mar 21 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

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