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Nov 1, 2010

Nagakawa earns profit of 12b dong in nine months

VNStockNews.com - Nagakawa Joint Stock Co (coded NAG) announced to reach progressive revenue in first nine months of 257 billion dong, an increase of 53.2 percent year-on-year, and after tax profit of 12 billion dong, up 64 percent against the same period last year.


The company said that the sharp increase in revenue was achieved due to sales and services of new products of Inverter air conditioners.

In 2010, the company targets to gain whole year revenue of 280 billion dong, and after tax profit of 8-10 percent of the total chartered capital.

The company plans to hold extraordinary shareholders meeting to seek for approval in increasing chartered capital.

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