Taicera to issue 2.5m shares for paying 2011 dividend

28-May-2012 Intellasia | Vietstock | 8:02 AM Print This Post

Taicera Industrial Ceramic Joint Stock Co (coded TCR) plans to issue 2,447,587 shares for the purpose of paying 2011 dividend at applied rate of 6%.

In addition, the company would also pay dividend in cash at 6%, using the company’s unallocated after tax profit up to the end of 2011.

Last year, the company reported gaining total net revenue of 1.422 trillion dong and after tax profit of 80.6 billion dong.

In 2012, TCR would invest $15 million for building a new production line, with expectation of improving production output by 30 percent against that of last year.

However, in the first quarter of 2012, the company posted revenue of 318 billion dong and loss of over 19 billion dong.


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