Rubber producer to pay third round dividend

Dong Phu Rubber Joint Stock Co (coded DPR) has lately decided to pay 2011 dividend – the third phase for existing shareholders at applied rate of 20%. The payment date has been fixed from July 20 to 30.

In addition, the company would contribute about 12 billion dong, equivalent to 18.18 percent of total stake in Ham Rong Rubber Tourism Joint Stock Co sited in Sa Pa Town, Lao Cai province after getting approval from Vietnam Rubber Industrial Group.

In addition, DPR planned to open two representative offices in HCM City and Hanoi with the purposes of enhancing the company’s marketing and trade promotion activities, as well as supporting the subsidiaries in selling the products in the market.

In the first five months of 2012, the company has brought in accumulative pre-tax profit of 136 billion dong, fulfilling 25.7 percent of the year plan.

 

Category: Stocks