EID posts 1.88b dong profit in Q1/2012

13-Apr-2012 Intellasia | Tri Thuc Tre | 3:38 PM Print This Post

Hanoi Education Development and Investment Joint Stock Co (coded EID) has recently released its fiscal statement in the first quarter of this year with net revenue of 40.4 billion dong, rising 20.38 percent from the same period of last year.

Its financial costs in the period were up to nearly 530 million dong while the figure of the same period last year was only 67 million dong, therefore its revenue from financial activities also decreased 44 percent from Q1 2011.

After spending on costs, EID’s after tax profit was 1.88 billion dong, rising 10 percent from Q1/2011.

In 2012, the company targets to reach 293.8 billion dong revenue, pre tax profit at 37.6 billion dong and dividend at 15 percent.


Category: Business

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