Tuesday, 28/08/2012 16:28

TPC: Board Resolution No.6/2012

Tan Dai Hung Plastic Joint Stock Company announced Board Resolution No.6/2012 on August 25, 2012:

-         The Board of Directors unanimously approved the production and revenue for the first six months of 2012 as follows:

+         Packing production: 4,381 tons

+         Total revenue: VND273.6 billion

+         Including: Packing revenue: VND226.8 billion.

+         Profit after tax (estimated): VND22.3 billion

-         The Board of Directors assessed as follows:

+          Total packing production increased 10.9% compared to the first six months of 2011, in which: export accounted for 66.7%.  

+          Total revenue gained 50.6% of the 2012 target, but total revenue decreased 18.53% compared to the same period of 2011 because the raw material trading decreased, the increase of expenses was higher than the selling price in the first half of 2012 although production went up.

+          Profit after tax (estimated) reached 64% of the 2012 target and decreased 9.65% compared to the first half of 2011.

+          ROE: 3.7% (while the ROE of the first six months of 2011: 4.5%)

+          Basic EPS: VND1,053/share (while the EPS of the first six months of 2011: VND1.285/share).

HOSE

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