LDP to pay 2011 dividend in cash at 30pct

17-May-2012 Intellasia | Vietstock | 8:03 AM Print This Post

In the annual general meeting (AGM) held on May 14, the shareholders of Lam Dong Pharmaceutical Joint Stock Co (HNX-listed LDP) have approved the 2012 business plan and paying 2011 dividend at 30 percent.

In details, last year, the company has reported gaining 353 billion dong in net revenue, 105.32 billion dong in production output value, surpassing the targeted year plan by 82.84 percent and 25.38 percent respectively. The company’s pre-tax profit and after tax profit was posted at 27.22 billion dong and 22.39 billion dong, in comparison with targeted profit plan of 16 billion dong and 12 billion dong.

Therefore, the company decided to pay 2011 dividend at 30 percent in cash.

This year, LDP expects to reach whole year revenue of 225 billion dong, production output value of 90 billion dong and pre-tax profit of 16 billion dong.


Category: Stocks

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