Construction firm targets low profit after loss

PetroVietnam – Nghe An Construction Co (PVA) has set modest targets this year, with net profit expected to reach VND42.1 billion (US$2 million), higher than last year’s level but accounting for only 37 per cent of 2010. Revenue is expected to total VND848 billion ($40.3 million) and dividends will be paid at 10 per cent.

Last year, the company recorded a loss of VND17.5 billion.

 

Category: Business