SDP spends over 164b dong for investment budget in 2011

The HNX-listed Song Da Petroleum Investment and Trading Joint Stock Co (coded SDP) has lately released the 2011 year plan with targeted pre-tax profit of 25 billion dong, increasing by 165 percent year-on-year.



The company expected to reach whole year production value of 965.6 billion dong, up 140.7 percent against that of 2010.



Meanwhile, SDP set targets to achieve total revenue of 846.05 billion dong and pre-tax profit of 28.33 billion dong.



This year, the company planned to spend 164.05 billion dong in investment projects, in which investment capital for real estate project counted for 81 billion dong, for expanding production-scale and improving capacity of 76.05 billion dong and making capital contribution in other firms of 7 billion dong.

Tags: Vietnam business

Posted by VBN on Apr 4 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