Song Hong Corp post 45b dong profit in H1/2012

Song Hong Joint Stock Corp has recently said that in the first six months of this year, the corporation reached approximately 1.89 trillion dong revenue, or 45 percent of the year’s plan.

Its profit was estimated at 45 billion dong in H1/2012, or 45 percent percent the year’s target.

The corporation decided to pay 2011 dividend at 7 percent in cash instead of previous plan of 15%. The remaining amount of money will be used for the corporation’s development support fund.

In 2012, the corporation expects to complete key projects as scheduled such as Vung Ang 1 thermo power plant, bidding package No 3 of project to improve drainage canal in To Lich basin at the same time speed up the progress and early put into operation of projects of Royal Song Hong and Thanh Cong 2 office for lease.

 

Category: Business