S55 seeks approval for setting target to reach 2011 net profit of 17.7b dong
The management board of Song Da 5.05 Joint Stock Co (coded S55) announced to seek approval among the shareholders for the company’s 2010 business results with total after tax profit of 17.33 billion dong. The company planned to pay dividend at ratio of 25 percent. S55 would announce the securities depository centre for closing the shareholders list after the annual shareholders meeting ends.
S55 planned to hold its annual shareholders meeting on March 26, 2011.
As for the business plan in 2011, the company would seek approval for the targeted year plan of 451.27 billion dong in revenue and 17.71 billion dong.
Tags: Vietnam business, Vietnam business news