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PTC: Business situation until 30 Sep 2011
Post and Telecommunications Investment and Construction JSC (HOSE: PTC) has informed of its business performance until 30 September 2011:
1. Profit target:
Estimated profit in Quarter III/2011: From VND6 to VND8 billion;
The Board of Directors decided not to adjust the business plan for 2011.
2. Project “Telecommunications and Information Technology Urban” in Vinh City – Nghe An:
Expected to implement leveling in October, and complete leveling before 31 December 2011. Besides, the Company is going to prepare to sell villa lots, terraced houses
Metro Trade Center in the project was opened and went to operation as from 21 September 2011, so the project attracts many investors
3. PTIC finished the repurchase of shares to invest in Central Post and Telecommunications Investment and Construction JSC (CTC), so PTIC’s ownership ratio in CTC reaches 51% and PTIC has restructured and put CTC into operation stably.
4. PTIC has implemented projects and co-operations according to the resolution of the 2011 Annual General Meeting.
HOSE
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