Sai Son Cement Co. exceeds yearly target

VNStockNews.com - Sai Son Cement Co. earned VND229 billion ($12.7 million) in the first 10 months of the year, representing 88.87 per cent of the year’s target.

The company posted a profit of VND37.18 billion ($2.1 million) for the period, exceeding the target for the entire year by 21.39 per cent.

The company plans to issue a dividend in shares at a ratio of 5:2 rate and will offer an additional 4.76 million shares to existing shareholders at a price of VND20,000 a piece.