Friday, 27/07/2012 16:50

PAN: Board Resolution July 17

PAN Pacific Corporation announced the resolution of the Board of Directors on July 17, 2012:

Article 1: The Board of Directors passed business results for the first six months of 2012 with main items as follows:

-         Revenue of the parent company: VND19.1 billion

-         Profit before tax of the parent company: VND16 billion

-         Consolidated revenue (estimated): VND130 billion

-         Consolidated profit before tax (estimated): VND21 billion

Article 2: The Board of Directors approved to invest in stock AGF. This is a long-term investment. PAN also agreed to consolidate business results of Angiang Fisheries Import & Export Joint Stock Company (AGF) and business results of PAN under the form of an associated company.

Article 3: The Board of Directors approved to adjust business targets for the last six months of 2012:

-         Revenue from goods and services (not including financial income): VND265 billion.

-         Consolidated profit before tax: VND75 billion. 

HOSE

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