TNG Trading and Investment Joint Stock Co (TNG) have recently announced the business and production plan for 2012 with revenue of over 1.394 trillion dong, rising 18 percent from 2011′s plan.
It’s after tax profit in 2012 is targeted at 55.24 billion dong, up 9 percent on year.
In the first quarter of 2012 alone, the company expects to gain revenue of over 263 billion dong and profit of over 10 billion dong.
Ending the first nine months of 2011, TNG reported gaining revenue of 915 billion dong and after tax profit of nearly 25 billion dong, fulfilling 77 percent of the year’s revenue plan and 49 percent of the year’s profit target.
The company is paying the first round dividend of 2011 at 10 percent in cash.