Thursday, 01/11/2012 15:47

UDC: Board Resolution Oct 29

Urban Development and Construction Corporation (UDEC) announced Board Resolution No.10 on October 29, 2012:

Article 1:

-         The Board of Directors approved business report for Quarter III/2012, with revenue and profit as follows:

+         Total revenue: VND 58,243,744,321

+         Profit before tax: VND 1,557,346,129

+         Profit after tax: VND 1,509,159,469

-         The Board of Directors approved business results in the first nine months and plan for the last three months of 2012:

1.   Consolidated revenue and profit for the first nine months:

+         Total revenue: VND 295,611,489,869

+         Profit before tax: VND 4,624,753,696

+         Plan for the last three months of 2012: The Board of Directors approved policy to adjust business targets for 2012. 

2.   Other issues:

+         The Board of Directors approved the selling of all stake in VINAGOLF.

+         The Board of Directors approved to transfer 225,000 shares in Vung Tau Cable Car Tourism Joint Stock Company to The Anh Trading Investment Construction Co., Ltd. at par value of VND100,000/share, and time of payment will last in 12 months.

HOSE

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