Urban Development and Construction Corporation announced the Board Resolution No 05 as follows:
Article 1: The BOD approved the business result
in Q1-2014
- Separate business result:
·
Revenue:
VND43.880.649.712
·
Profit before
tax: VND112.432.399
·
Profit after
tax: VND80.816.534
- Consolidated business result:
·
Revenue:
VND71.736.177.649
·
Profit before
tax: VND1.368.172.846
·
Profit after
tax: VND1.145.843.339
Article 2: The BOD approved plan of the use of
proceeds from transfer shares of Vinagolf as follows:
- Pay off a part of debt to Agribank with the
amount of VND24,17 billion and interest of VND4 billion.
- Pay off a part of VND30 billion debt with the
amount of VND5 billion.
- Increase working capital with the amount of
VND9,3 billion.
- Complete Golf Restaurant Phu My project.
