PNJ earns 9-month profit of 200b dong

VNStockNews.com - Phu Nhuan Jewellery Joint Stock Co (HOSE listed PNJ) reported gaining total combined turnover of 8.339 billion dong in the first three quarters of 2009, jumping 189% year-on-year and surpassing by 54 percent against the full year's plan.

Also, in Jan-Sep, PNJ earned nearly 200 billion dong in pre-tax profit, growing by 60% and profit after-tax of 155.3 billion dong, soaring by 61% y-o-y.

On September 1, the company closed the shareholders shortlist to offer 10 million bonus shares at a ratio 3:1 to the existing shareholders in order to increase its charter capital from 300 billion to 400 billion dong. The transaction date of the additionally offered shares is scheduled on October 15.

In Q4, PNJ will make the debut of its 10 billion dong member CAO specialising in trading jewellery and luxury fashion products branded name CAO Fine Jewellery.