|
EID: Board resolution
Hanoi Education Development and Investment Joint Stock Company (HNX: EID) announces the Board Resolution approved on 17/01/2011 as follows:
1. Report of Operating result of 2010
- Revenue: VND 239.3 bil
- Profit before tax: VND 31.5 bil
- Profit after tax: VND 23.6 bil
2. Profit distribution plan:
+ Dividend payout ratio: 15%/ year which in the first 6 months, dividend payment paid is 9%/ charter capital, the expected record date of final payment (6%/ charter capital) is the end of February to the begin of March, 2011, expected exercise date is on the end of March, 2011.
+ Charter capital supplement fund: 5% of profit after tax
+ Compulsory Reserve fund: 10% of profit after tax
+ Management fund: 5% of profit after tax
+ Reward and welfare fund: 10% of profit after tax
+ The remainer will be supplemented to Development and Investment fund.
3. Plan in 2011
- Revenue: VND 238 bil
- Profit: VND 32 bil
- Expected dividend payment 2011: 13%/ year
4. Other issues:
- Organize the company’s 2011 AGM as the beginning of Quarter II/2011.
- Selection of AAC as auditor for auditing the company’s 2010 financial statement.
hnx
|
