Saturday, 29/08/2009 07:06

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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