TNA targets to reach whole year pre-tax profit of over 46b dong

Thien Nam Trading and Import-Export Joint Stock Co (coded TNA) announced to submit the 2011 business plan for approval in the annual shareholders meeting to be held on March 26, 2011 with total revenue of 950 billion dong and pre-tax profit of 46.5 billion dong. The company planned to pay dividend at 20-25 percent ratio.



In 2011, the company will purchase the space of 7,600 square metres and construct the steel trading centre sited on National Highway No 1A, My Yen Commune, Ben Luc Dist, Long An province with estimated investment capital of 40 billion dong.



In addition, TNA also carry out construction project of trade centre and high-class apartment buildings for lease at No 277B Cach Mang Thang Tam St, Dist 10, HCM City, in an area of 18,000 square metres.



Last year, the company reported gaining total revenue of 882 billion dong, and pre-tax profit of 93 billion dong, surpassing the year plan by 35 percent and 123 percent respectively. TNA paid dividend at 25 percent ratio.

Tags: Vietnam business, Vietnam enterprises, Vietnam stock news

Posted by VBN on Mar 17 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