TRC: First adjustment of raising the 2009 profit targets
Tay Ninh Rubber Joint Stock Company (TRC: TANIRUCO) has announced a first adjustment of raising the 2009 profit targets as follows:
At the beginning of 2009, rubber industry was also affected by the decline of automobile industry and oil price. However, after the first 07 months, the rubber price has recovered and the rubber demand has risen sharply. Therefore, the BOD of TANIRUCO decided to adjust some items:
No. |
Items |
The initial plan |
The adjusted plan |
1. |
Average selling price |
22,000,000 |
25,000,000 |
2. |
Revenue |
309,699,729,000 |
344,585,757,000 |
3. |
Average unit cost |
15,555,582 |
17,264,415 |
4. |
Profit |
90,046,443,000 |
107,345,460,000 |
5. |
EPS |
VND3,000/ a share |
VND3,480/a share |
hose
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