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DCS plans to increase chartered capital to 54.4b dong
03/Jul/2009 Intellasia | 02/Jul/2009 CafeF
3 Jul, 2009 - 10:29:13 AM
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Dai Chau Joint Stock Co (coded DCS) has set target of reaching revenue of 66 billion dong and pre-tax profit and after tax profit of 8.8 billion dong and 6.6 billion dong respectively in 2009.

The company plans to invest in expanding production, installing new technological machines and equipment to manufacture high-class wooden furniture as well as to maintain producing traditional products to gain stable revenue.

In addition, Dai Chau JSC is also expected to expand business and to focus on exporting product with variety of products such as cassava, rubber, food products, sulphur and cars. The company also plans to invest in real estates and finance business.

In order to raise capital, three methods to be applied are:
getting loans from bank, raising capital from other sources and waiting for appropriate opportunity to double chartered capital to 54.49 billion dong in Q4 of 2009 or at the beginning of 2010.





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