KAC expects revenue of 317b dong in 2012

In the annual general meeting (AGM) held on June 22, 2012, Khang An Real Estate Investment Joint Stock Co (coded KAC) has approved for 2012 business plan with targeted revenue of 317 billion dong, eight times higher than that of 2011.

In addition, the company also aims to obtain net profit of 20.25 billion dong, 37 times higher year-on-year, meanwhile the dividend rates would be at 5%.

Last year, KAC reported gaining total net revenue of 39.25 billion dong and net profit of 535 million dong. The company would pay 5 percent dividend to the existing shareholders for 2011.

 

 

Category: Business