HLG: HLG adjusts business targets for 2011
Hoang Long Group (HOSE: HLG) has adjusted revenue and profit targets for 2011 as follows:
By: billion dongs
Items
Old target
New target
% change
Revenue
1,810
1,598
-12%
Profit after tax
102.8
61.6
-40%
Reason: Because of effects from floods in Mekong Delta, high bank interest rates and fluctuation of foreign exchange rates, profit will decrease.
HOSE
> PRUBF1: NAV from 08 Dec 2011 to 15 Dec 2011 (21/12/2011)
> MAFPF1: NAV from 08 Dec 2011 to 15 Dec 2011 (21/12/2011)
> VFMVFA : NAV from 08 Dec 2011 to 15 Dec 2011 (21/12/2011)
> VFMVF1: NAV from 08 Dec 2011 to 15 Dec 2011 (21/12/2011)
> VFMVF4: NAV from 08 Dec 2011 to 15 Dec 2011 (21/12/2011)
> STB: Trading result and transaction of affiliated institution (21/12/2011)
> BTT: Revenue & profit in the first 11 months of 2011 (21/12/2011)
> V11: General Mandate via a ballot (20/12/2011)
> FLC: Board Resolution (20/12/2011)
> HDG: Explanation for business result in QIII/2011 (20/12/2011)
