PHR estimates to gain profit of 116b dong in first two months

Phuoc Hoa Rubber Joint Stock Co (coded PHR) has recently estimated to reach profit of 116 billion dong in the first two months of 2012, completing 22.7 percent of the targeted year plan.

In February only, the company reported to produce 655.34 tonnes of dried latex, equaling to 3.4 percent of production plan, and sell 3,803 tonnes of latex at average price of 71.13 million dong per tonne, bringing in revenue of 270.54 billion dong.

Accumulatively, in the first two months of 2012, the company reached total production output of 2,629 tonnes and sales volume of 5,360 tonnes at average price of 71.08 million dong per tonne. The rubber firm reported gaining total revenue of 380.98 billion dong and profit of 116 billion dong, fulfilling 22.7 percent of year plan.

 

Category: Business