Lam Dong Mineral and Building Material Joint Stock Company announced the resolution of the Board of Directors on February 02, 2013:
1.
The
Board of Directors approved the business results 2011:
-
Revenue: VND172,728,158,112
-
Profit
before tax: VND22,186,171,939
-
Decrease in
profit: VND8,711,956,928
In which:
+
Reserve for bad
debt: VND3,980,883,038
+
Provision for
devaluation of inventories: VND685,207,739
+
The severance
allowance of the employee: VND1,726,378,343
+
Disposal of
fixed assets: VND2,319,487,808
-
Increase in profit: VND831,571,427
In which:
+
Recovery of forklift trucks ( Hiep Tien enterprises):
VND631,571,427
+
Selling car:
VND200,000,000
-
Retained earnings: VND14,305,786,438
-
Depreciation: VND14,050,031,382 (98.4% of plan)
-
Wage fund: VND29,324,712,532
2. The Board of Directors approved to
increase for remuneration of the Senior management and Chief accountant:
VND2012,500,000 because the company exceeded profit targets in 2012.
3.
The
Board of Directors approved remuneration
of the Senior management and Chief accountant in 2013:
-
The CEO: VND40,000,000/month
-
Deputy CEO: VND25,000,000/month
-
Chief accountant: VND24,000,000/month
4. The Board of Directors approved to invest in motorized
equipment to production
of bricks and stones
Total investment: VND5,560,000,000
5. The Board of Directors approved to liquidate Volvo – 250Kva generator with price:
VND300,000,000 ( including VAT).
6.
The
Board of Directors approved the business plan 2012:
-
Revenue: VND216,449,000,000
-
Profit before tax: VND22,500,000,000
-
Depreciation: VND13,255,000,000
-
Wage fund: VND28,693,000,000
7.
The
Board of Directors approved to renovate office.
