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Jun 1, 2011

Machinco 1 pays dividend in shares

VNStockNews.com - Machinery Joint Stock Co (Machinco 1) announced to close the shareholders list on June 6 for purpose of paying 2010 dividend in shares. Accordingly, the company will issue additional 479,162 shares for dividend payment in shares at ratio of 1:0.15, using the unallocated profit source. The dividend will be paid from June 7, 2011.


Last year, Machinco 1 posted gaining total revenue of 110.93 billion dong and after tax profit of 8.88 billion dong, equivalent to EPS of 2,779 dong.

In 2011, the company set targets to reach total revenue of 100 billion dong, pre-tax profit of 11 billion dong and pay dividend at 15 percent.

At present, the company has chartered capital of 31.94 billion dong.

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