Hoi An Tourism Services Joint Stock Co (coded HOT) organised its annual general meeting (AGM) on March 3, 2012 to report its business performance in 2011 and seek approval for business plan in 2012.
Last year, the company reported gaining total after tax profit of 23.8 billion dong. The management board plan to spend 80 percent of whole year profit or 19.06 billion dong for paying 2011 dividend in cash to existing shareholders, or 2,383 dong per share.
In 2012, HOT expects to reach total revenue of 168.85 billion dong, pre-tax profit of 38.7 billion dong and after tax profit of 28.7 billion dong, increasing by over 20 percent year-on-year.
In 2012, the company plans to pay dividend in two phases at applied ratio of 2,693 dong per share, up 13 percent against that of 2011.