Home appliance firm to issue shares

27-Jun-2012 Intellasia | Vietnamnet | 7:01 AM

Home appliance provider Sana WMT (ASA) will increase its charter capital from VND30 billion (US$1.4 million) to VND100 billion ($4.7 million) via issuing 7 million shares at par value.

This year, it plans to achieve a revenue of VND220 billion ($10.4 million), increasing 107 per cent compared to last year, and triple its net profit to VND3 billion ($142,800).

The company will set aside VND2.2 billion ($104,700) to pay dividends.

http://english.vietnamnet.vn/en/business/24051/business-in-brief-26-6.html