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Jan 1, 2011

Hoa Sen Group reaches audited profit of 215b dong in 2009-2010

VNStockNews.com - Hoa Sen Group Joint Stock Co (coded HSG) has lately released the audited financial reports for fiscal year of 2009-2010 with net profit of 215 billion dong, fulfilling 41 percent of the year plan of 520 billion dong.


The company's EPS was posted at 2,241 dong per share.

In terms of net revenue, the group reported gaining nearly 4.9 trillion dong, increasing by 73 percent year-on-year and fulfilling 98 percent of the year plan of 4.976 trillion dong.

Due to high principal sales cost of 3.968 trillion dong, HSG's gross profit was only estimated at 930 billion dong. In addition, the fact that financial profit counted for negative 348 billion dong resulted from low profit against the year plan.

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