Bien Hoa sugar maker posts 10.5b dong profit in Q1
09-MAY-2008 Intellasia | Thoi Bao Kinh Te Vietnam page 11
May 9, 2008 - 7:00:00 AM
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Bien Hoa Sugar Joint Stock Co (coded BHS) recently announced its business result in the first quarter of this year with 229.33 billion dong in revenue from sales and services provision, up 31.06% against the same period of last year and 10.5 billion dong in profit, rising 49.4% against the fourth quarter of 2007 and falling 42.24% from the same period of previous year.
The company also plans to pay dividend of 10% for the second phase of 2007 on June 10.
Last year, BHS made a revenue of 643.35 billion dong and 53.63 billion dong from pre tax profit.
This year, the sugar maker targets to bring the figures to 766.2 billion dong and 54.53 billion dong respectively and a dividend of 15%.
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