Thursday, 25/12/2008 11:12

GTA: Business result till November 2008

Thuan An Wood Processing Joint Stock Company (TAC) has informed of business result till November 2008 as follows:

1. Business result till November 2008:

* Sales: VND151 billion (111% of the year plan)

* Profit after tax: VND6.77 billion (45.5% of the year plan)

* Expected profit after tax for the year 2008: VND7.5 billion

2. The company has been received rubber trees which are liquidated without via auction. This is a stable material source for the company. In additional, the company has also signed contracts of producing wood-made products.

3. Until now, the company has received orders of refined products for 2009 as follows:

* Habufa: order from 25 to 30 conts per month, equivalent to USD4.5-5 million per year.

* Customers such as Panpacipic, Sourcebynet, Horsington, Ikea are in progress of negotiation:

+ Panpacipic : USD1.5-2 million per year

+ Sourcebynet : USD1.3 -1.5 million per year

+ Ikea, Horsington : USD1.5-2 million per year

HosE

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