VNStockNews.com - The management board of Van Phat Hung Joint Stock Co (coded VPH) has already approved the changes in its 2009 business plan, in which the targeted net revenue would increase from 931.787 billion dong to 953.548 billion dong and after tax profit from 29.735 billion dong to 86.406 billion dong.
The company raised the dividend payment ratio from 12 to 30 percent. VPH plans to pay dividend in advance at the ratio of 25 percent in 2009.
At the same time, the company would issue additional 4,016,657 shares, equal to 20 percent of its current chartered capital for the strategic partners and existing shareholders.
VPH's management board was authorised for deciding the share issuing methods, offered price and the date of issuance.
Up to the end of Q3, the company reported to gain net revenue of 642.3 billion dong, after tax profit of 63.9 billion dong and EPS of 3,224 dong per share.
After November trading 19 session, VPH coded shares rose to ceiling price of 79,500 dong per share with 78,970 units being transferred.
Nov 20, 2009
Van Phat Hung Co. changes its 2009 business plan
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