Hoang Mai Cement Co. expects to reach 150b dong of 2009 profit

VNStockNews.com - Hoang Mai Cement Joint Stock Co (coded HOM) estimates to achieve total production output of 1.34 million tonnes of clinker, fulfilling 100 percent of the year plan and total cement consumption volume of 1.766 million tonnes in 2009, gaining 1.33 trillion dong of revenue and over 150 billion dong of pre-tax profit.

At present, the company is carrying out its investment project of Hoang Mai 2 cement production line with designed capacity of 12,000 tonnes of clinker per day, equal to 4.5 million tonnes of cement per year. The project has total investment capital of 10.8 trillion dong, to be implemented within the period of 2010-2014.