Vinamilk sets higher revenue target for 2008

Viet Nam Dairy Products Joint Stock Company (Vinamilk) set a target of 8.2 trillion VND (512.5 million USD) in total revenue for this year, up 20 percent from last year.

Pre-tax profits is expected to reach over1.3 trillion VND (81.25 million USD), up 37.2 percent.

Details will be released at the annual shareholder meeting on March 28 in Ho Chi Minh City .

In January, the company’s turnover was 657 billion VND, increasing 40.4 percent year-on-year. Profits reached 168 billion VND, up 66.3 percent.

VNA

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