Far East Pharmaceutical Joint Stock Co (Vien Dong Pharmaceutical) finished its 2009 fiscal year on November 30, 2009. The company reported to gain about 788 billion dong in revenue, surpassing 10 percent of the year plan of 720 billion dong; profit after tax of 90.7 billion dong, equal to 120 percent of the year plan and EPS of over 10,000 dong per share.
With the achievements, the company set targets for the period of 2009-2011. In details, the company had planned to achieve 2009 total revenue of 820 billion dong, after tax profit of about 100 billion dong and EPS of 11,200 dong per share. In 2010, Vien Dong Pharmaceutical targeted to earn revenue of 910 billion dong, after tax profit of 125 billion dong. And in 2011, the company set targets of gaining 1.18 trillion dong in revenue and about 143 billion dong in profit.
It’s said that Ho Chi Minh Stock Exchange already approved for the company to list 8.91 million shares on the southern bourse under the share code of DVD. Vien Dong Pharmaceutical planned to make its debut session on December 22.