The UPCoM-listed Gia Lai Hydropower Joint Stock Co (coded GHC) held its annual general meeting (AGM) on March 21, 2012 for seeking approval from the shareholders about 2012 dividend payment plan and floating shares on Hanoi Stock Exchange (HNX) or Hochiminh Stock Exchange (STC).
This year, the company set targets to reach total revenue of 105 billion dong, after tax profit of 36.8 billion dong and pay dividend at 30 percent.
Meanwhile, in 2011, the hydropower firm reported gaining 105 billion dong in revenue and after tax profit of 35.6 billion dong, surpassing the targeted year plan by 28 percent and 170 percent. The company agreed to pay 2011 dividend at 30 percent.
GHC’s management board has decided to collect shareholders’ opinions about listing shares on HNX or STC within this year.