PLC gains Q4 after tax profit of 107b dong

Petrolimex Petrochemical Joint Stock Co (coded PLC) reported gaining Q4 net revenue of 1.241 trillion dong, increasing by 25.5 percent against the previous quarter. The company’s combined profit was posted at 248 billion dong, counting for nearly 20 percent of total net revenue.

The net profit from sales activities was estimated at 123.8 billion dong in Oct-December 2009, pre-tax profit of 123.3 billion dong, after tax profit of 107.2 billion dong.

The company announced gaining accumulative net revenue for the whole year of 3.742 trillion dong, combined profit of 594.7 billion dong, and net profit of 192 billion dong, up 26 percent, 60.6 percent and 197.2 percent respectively against the same period of last year.

The company’s pre-tax profit was posted at 202 billion dong, up 198.8 percent year-on-year, and after tax profit of 175 billion dong, up 218 percent.

Up to December 31, 2009, the company’s total asset value was at 1.289 trillion dong, outstanding debt of 810 billion dong, while its chartered capital of 201.59 billion dong, undistributed profit of 175 billion dong and EPS of approximately 10,225 dong per share.

Previously, the company has allocated bonus shares for existing shareholders at ratio of 25 percent.

 

Category: Business