Long An Food Processing Export Joint Stock Company announced the resolution of Annual General Meeting of Shareholders 2014 as follows:
- The Board of Directors approved business
result in 2013 and business plan
for 2014 as follows:
a) Business result in 2013:
-
Purchasing: VND355.61 billion
-
Production:
·
Processing capacity: 11,209 tons
·
Processing value added products: 120 tons
-
Peanut: 17 tons
·
Import-export turnover: USD29.47
million
·
Export turnover: USD24.23 million
·
Import turnover: USD5.24 million
-
Net revenue: VND537.58 billion
-
Profit before tax: VND42.57 billion
-
Profit after tax: VND33.60 billion
-
Equity capital of the company until December 31, 2013: VND115.11 billion
b) Business plan for 2014:
-
Purchasing: VND718.96 billion
-
Production:
·
Processing capacity: 14,126 tons
·
Processing salted cashew nuts: 2,670 tons
·
Processing peanuts: 548 tons
-
Import-export turnover: USD47.74
million
·
Export turnover from cashew nuts: USD37.60 million
·
Export turnover from value added products: USD2.45 million
·
Import turnover from cashew nuts: USD7.69 million
-
Sales: VND913.61 billion
-
Profit before tax: VND35.83 billion
-
Profit distribution:
·
Profit before tax: VND35.83 billion
·
Plan for profit distribution will be approved in the AGM 2015.
-
Report for fix assets, equipments in 2013:
·
Implemented in 2013: VND13.55 billion
·
Continues to implement in 2014: VND1.91 billion
-
Plan for fix assets, equipments in 2014: VND9.18 billion
- The Meeting approved the audited 2013 financial
statements and report of the Board of Supervisors in 2013
- The Meeting approved profit distribution in 2013 as
follows:
-
Profit before tax: VND42,570,600,885
-
Current corporation income tax expenses: VND8,941,541,962
-
Deferred corporation income tax expenses: VND23, 472,270
-
Profit after tax: VND33,605,586,653
- The Meeting approved plan for profit distribution in
2014 as follows:
-
Profit before tax: VND35,830,000,000
-
Profit after tax: VND35,830,000,000
- The Meeting approved to authorize the Board of
Directors to choose an auditing company to audit 2014 financial statements
- The Meeting approved remuneration of
the Board of Directors, the Board of Supervisors in 2014.
- The
Meeting approved the BOD Chairman concurrently as CEO
- The Meeting
approved to resign Mr. Le Huu Phong from the position a member of the
Board of Directors – Deputy Chairman of BOD.
