Thu Duc Housing Development Corporation (THUDUC HOUSE) announced the resolution of the 2013 Annual General Meeting as follows:
1. Approved the report on profit and loss in 2013.
1.1 Consolidated figures:
Unit: billion dongs
|
Item |
Plan 2013 |
Reality 2013 |
Ratio of reality/ plan |
Ratio of reality/ 2012 |
|
Total revenue |
685.5 |
420.2 |
61.3% |
147.3% |
|
Profit before tax |
59.5 |
23.8 |
39.8% |
76.9% |
|
Profit after tax |
53.5 |
19.5 |
36.4% |
70.8% |
|
Profit after tax of the parent company’s shareholders |
55.3 |
21.7 |
39.18% |
66.14% |
1.2 Figures of Thuduc House:
Unit: billion dongs
|
Item |
Plan 2013 |
Reality 2013 |
Ratio of reality plan |
Ratio of reality / 2012 |
|
Total revenue |
550.5 |
273.4 |
49.7% |
178.7% |
|
Profit before tax |
55.5 |
7.1 |
12.8% |
35.3% |
|
Profit after tax |
51.7 |
7.1 |
13.7% |
36.6% |
2. Plan for profit distribution in 2013:
Unit: dongs
|
Total profit before tax |
7,088,433,803 |
|
Corporation income tax |
|
|
Corporation income tax - current |
|
|
Corporation income tax - deferred |
|
|
Profit after tax |
7,088,433,803 |
|
Retained profit will be distributed to: |
|
|
+ Bonus & welfare fund (10%) |
708,843,380 |
|
+ Financial reserve fund |
275,420,000 |
|
+ Dividend |
|
|
+ Remuneration and expenses to the BOD, the Board of Supervisors and the Board Management (2%) |
141,768,676 |
|
+ The Board Management for foreign assistance funds |
141,768,676 |
|
+ Retained earnings |
5,820,633,071 |
3. Approved the business plan for 2014:
3.1 Consolidated figures:
Unit: billion dongs
|
Item |
Reality 2013 |
Plan 2014 |
Ratio |
|
Total revenue |
420.2 |
745.5 |
177.4% |
|
Profit before tax |
23.8 |
73.8 |
310.3% |
|
Profit after tax |
19.5 |
64.3 |
330.5% |
|
Profit after tax of the parent company’s shareholders |
21.7 |
67.1 |
309.56% |
3.2 Figures of Thuduc House
Unit: billion dongs
|
Item |
Reality 2013 |
Plan 2014 |
Ratio |
|
Total revenue |
273.4 |
600.9 |
219.8% |
|
Profit before tax |
7.1 |
70.5 |
994.5% |
|
Profit after tax |
7.1 |
63.9 |
901.8% |
4. Plan for profit distribution in 2014:
Unit: billion dongs
|
Total profit before tax (estimated) |
70.5 |
|
Corporation income tax (estimated) |
6.6 |
|
Profit after tax (estimated) |
63.9 |
|
Retained profit will be distributed to: |
|
|
+ Bonus & welfare fund (10%) |
6.4 |
|
+ Financial reserve fund (5%) |
3.2 |
|
+ Dividend for 2014 (5%/charter capital) |
19 |
|
+ Remuneration and expenses to the BOD, the Board of Supervisors and the Board Management (2%) |
1.3 |
|
+ The Board Management for foreign assistance funds (2%) |
1.3 |
|
+ Retained earnings |
32.7 |
5. Total wage fund:
+ Salary unit for the estate real business: 5%/ revenue
+ Salary unit for the financial activities: 10%/gross profit
+ Salary unit for the agribusiness and export and import: 1%/ revenue
6. Approving the plan dividend payment:
6.1 Approving the plan dividend payment 2013:
- Dividend for 2013: will pay dividend at 5% /par value (VND500/share).
- Payment date: expected in Quarter 2/2014
6.2 Approving the plan dividend payment 2014:
- Dividend for 2013: will pay dividend at 5% /par value (VND500/share).
- Payment date: expected in Quarter 2/2014
7. Issuing stocks to increase charter capital
8. Issuing stocks to existing shareholders
9. Approving to add business line
10. Approved the amending the company’s regulation
11. Approved to an auditing firm for fiscal year 2014. Authorized the Board of Directors to choose one of 04 auditing companies to audit financial statements in 2014:
- Deloitte Viet Nam
- Ernst & Young Viet Nam
- PricewaterhouseCoopers Viet Nam
- KPMG
12. Electing the BOD Chairman concurrently as CEO
III. This resolution takes effect from April 15, 2014.
