SD2 aims to obtain 2011 profit of 30b dong
In its latest annual shareholders meeting held yesterday March 24, 2011, the shareholders of Song Da 2 Joint Stock Co (SD2) have passed the year plan of total revenue of 419.4 billion dong and pre-tax profit of 30 billion dong.
In the company’s development strategy for 2011-2015 period, the company aimed to reach annual business growth rate of about 8 percent per year. SD2 has chartered capital of 120 billion dong, of which Song Da Corp holds 49 percent of total capital.
Last year, the company’s total revenue was estimated at 389.706 billion dong, and after tax profit of 17.605 billion dong.
Tags: Vietnam business, Vietnam business news