- Report on operating results of 2011
Unit: VND
- Revenue : 420,617,670 thousand
- Profit before tax : 7,760,708 thousand
- Payment to State budget : 5,109,147 thousand
- Investment in construction plant : 1,322,122 thousand
- Capital contribution to Vinh Son 5 hydropower project : 15,740,000 thousand
- Investment in Dung Quat Storage project thousand
- Plan of 2012
Unit: VND
- Revenue : 224,700,000 thousand
- Profit before tax : 10,500,000 thousand
- Dividend 2012 : 14%
- Investment in construction plant : 4,000,000 thousand
- Capital contribution to Vinh Son 5 hydropower project : 2,180,000 thousand
- Investment in Dung Quat Storage project : 7,234,158 thousand
- Agreed on Audited Financial Statement of 2011 and Report of the Supervisory Board for 2011
4. Profit distribution plan for 2011
Unit: VND
- Dividend payment (10%) : 3,500,000,000
- Investment, development fund (35%) : 2,092,535,115
- Financial reserve fund (3%) : 179,360,153
- Charter capital reserve fund (3%) : 179,360,153
- Bonus and Welfare fund (3%) : 179,360,153
- Retained earnings : 1,619,385,574
- Expected date of dividend paymet: decided by the BOD
- Authorized the BOD to select auditor for the Financial Statement 2012
- Agreed on plan to increase charter capital from VND 35 bil to VND 60 bil
- Seasoned issue to increase charter capital:
+ Offering volume: 2,500,000 shares, in which:
- Offering to Lilama (10:6): 1,071,000 shares
- Offering to outstanding Lilama shareholders: 204,000 shares
- Offering to oustanding shareholders (10:6): 1,029,000 shares
- Offering to shareholders devote the the development of the company: 196,000 shares
+ Offering value: 25,000,000,000 in which:
- Offering to Lilama: VND 12,750,000,000
- Offering to oustanding shareholders: VND 10,290,000,000
- Offering to shareholders devote the the development of the company: VND 1,960,000,000
+ Offering price: VND 10,000/ share
+ Expected proceeds: VND 25 bil
+ Plan of using the proceeds: improve financial strength, business development and investment in infrastructure (in Quarter 3-4/2013)
- Additional listing of newly issued shares in HNX
- Amendment of company’s charter and Supervisory Board regulation.