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SVT lowers revenue target by 19pct in 2012

26-Apr-2012 Intellasia | Vietstock | 7:59 AM

Saigon Vien Dong Technology Joint Stock Co (coded SVT) has recently approved the 2012 business plan with total revenue of 189 billion dong and after tax profit of 12.4 billion dong.

In comparison with 2011 business results, the company’s targeted revenue was lowered by 19 percent but net profit increased by 3.3 times year-on-year.

By the end of 2011 fiscal year, SVT reported gaining total revenue of 232.2 billion dong and net profit of 3.72 billion dong. The company would pay dividend in shares for existing shareholders at 10 percent ratio.


Category: Business

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