Cho Lon Water Supply Joint Stock Company announced the resolution of 2014 Annual General Meeting, organized on April 23, 2014:
Article
1:
Approving report of profit & loss in 2013 and 2013 distribution profit plan,
with main figures:
- Profit
& loss in 2013:
·
Revenue: VND765,276,295,311
·
Profit before tax: VND44,333,050,249
·
Profit after tax: VND34,881,082,478
·
Net profit: VND28,160,829,514
·
Bonus fund to the Management: VND563,216,590
·
Retained profit after distributing to bonus
fund: VND27,597,612,923
- 2013
distribution profit plan:
·
Dividend: 13%/par
value VND16,900,000,000
·
Record date: May 15,
2014
·
Ex-right date: May
13, 2014
·
Deduction for
investment and development fund (10.15%) VND3,375,797,250
·
Deduction for financial
reserve fund (8.47%): VN2,816,082,951
·
Deduction for bonus fund (6.78%): VND2,252,866,361
·
Deduction for welfare fund (6.78%): VND2,252,866,361
Article
2:
Approving the 2014 business plan as follows:
- Total
revenue: VND769,268,294,000
- Total
profit before tax: VND32,004,000,000
- Profit
after tax: VND25,418,000,000
- Dividend:
10%/par value
Article
3: Authorizing to the Board of Directors
to choose an auditing firm to audit financial statements for fiscal year 2014.
Article
4: Approving to adjust the remuneration
of the Board of Directors and the Board of Supervisors in 2014 as follows:
- Member
of the Board of Directors: VND4 million/month
- Head
of the Board of Supervisors: VND3 million/ month
- Member
of the Board of Supervisors: VND2 million/month
- The
BOD’s Secretary: VND1 million/month
Article
5: This resolution was approved by the
2014 Annual General Meeting of shareholders.
2014.
