VCC and S74 fulfils 2011 profit plan

The HNX-listed companies of Vinaconex 25 Joint Stock Co (coded VCC) and Song Da 7.04 Joint Stock Co (coded S74) have released the whole year financial reports. The two companies reported fulfilling the profit plan.

In Q4, Vinaconex 25 JSC reported gaining net revenue of 293 billion dong and after tax profit of 5 billion dong, up 85 percent and 17 percent respectively against the previous year.

Accumulatively, the company posted total net revenue of 706.8 billion dong and after tax profit of 13.5 billion dong, up 67 percent and 14 percent respectively year-on-year.

As for Song Da 7.04 Joint Stock Co (S74), in the last quarter of 2011, the company gained net revenue of 88 billion dong, a slight decline of 13 percent against the same period of 2010, and after tax profit of 5.4 billion dong, up 5 percent.

For the whole year, S74 gained total net revenue of 339 billion dong and after tax profit of 18 billion dong, down 32 percent and 20 percent respectively year-on-year.

 

Category: Business