Mai Linh unit to increase cab fleet to 550 this year

Mai Linh Bac Trung Bo Joint-Stock Company, a subsidiary of the Mai Linh Corporation, has announced its plan to raise the number of operated cabs to 550 in 2008, and to 1,000 by 2012.

The firm, founded in 2000, also expects to earn VND24.52 billion (US$1.5 million) in profits this year, it said at its annual shareholders’ meeting.

Last year its chartered capital reached VND268 billion ($16.6 million) and net profit rose by 5.82 times to VND3.5 billion.

Mai Linh Corporation is the country’s top name in transport services.

Thanhnien

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