The southern bourse-listed Phuong Nam Culture Joint Stock Co (coded PNC) has set target to reach whole year revenue of 416 billion dong, pre-tax profit of over 8 billion dong and dividend of 5 percent in 2012.
This year, the company would spend 12.88 billion dong of investment capital to serve for the company’s business activities.
In addition, in the recent annual general meeting (AGM), the shareholders have approved for issuing 981,802 bonus shares to be allocated to the existing shareholders in H2 of 2012. The applied rate would be 10:1.
After the share issuance, the company’s chartered capital would go up to 110.4 billion dong.
By the end of 2011, PNC reported gaining whole year net revenue of 335.9 billion dong and after tax profit of 9.46 million dong.