SAP sets target to reach parent company’s profit of 1.8b dong
The HNX-listed HCM City Textbook Printing Joint Stock Co (coded SAP) has released the targeted business plan to be submitted in the annual shareholders meeting with expected revenue of 32 billion dong, profit of 1.8 billion dong and dividend payment of 10 percent.
Last year, the company reported earning total revenue of 30 billion dong, equaling to 98.9 percent of the year plan, pre-tax profit of 1.4 billion dong and after tax profit of 1.22 billion dong.
SAP planned to pay 2010 dividend at 8 percent.
Tags: Vietnam business, Vietnam stock news