SMC gains net revenue of 584b dong in Aug

The southern bourse-listed SMC Investment and Trading Joint Stock Co (coded SMC) has released the company’s business reports for August and for the first eight months of this year. Accordingly, SMC reached August net revenue of 584.93 billion dong, raising the accumulative revenue in the first eight months of over 4.052 trillion dong, profit after tax in August of 8.017 billion dong and progressive profit after tax of 63.22 billion dong.

Lately, the State Securities Commission (SSC) has approved the company to offer 10 million shares to public, in which SMC will offer 3.663 million shares to the existing shareholders, 295,000 shares for current employees and auction 6.042 million shares to the public.

In 2010, SMC expects to reach targeted revenue of 5.5 trillion dong and profit after tax of 80 billion dong.

 

Category: Business