TIX targets over 85b dong after tax profit in 2012

Tan Binh Import Export Joint Stock Co (TIX) has recently announced its business and production plan in 2012 with revenue of over 910 billion dong, down 16 percent from 2011′s actualised figure, and after tax profit at 85.5 billion dong, down 13 percent from 2011′s actualised figure.

In 2012, the company also plans to pay dividend at 20 percent, higher than the ratio of 17.5 percent in 2011.

The holding company would make up revenue of 371 billion dong in 2012, accounting for 41 percent of the total consolidated revenue and after tax profit at 81 billion dong.

This year, the company will continue to invest in projects such as Son Ky 2 apartment project, Son Ky 1 condominium project, Ao Doi sport and culture centre. In addition, the company will invest in some new projects such as office area of Tan Binh Industrial Zone (67 billion dong) and Le Trong Tan office area (35 billion dong).

As planned, the company will organise its AGM (annual general meeting) on January 7, 2012 to pass this business and production plan.

 

Category: Business