Thursday, 03/07/2014 13:18

SJD: Resolution of Annual General Meeting 2014

Can Don Hydro Power Joint Stock Company announced the resolution of the 2014 annual general meeting (AGM) dated June 30, 2014 as follows:

Article 1: AGM approved profit and loss in 2013 and business plan for 2014:

1)     Profit and loss in 2013:

 

No.

 

Item

Plan

Implementation

 

Ryninh II

Can Don

Total

Ryninh II

Can Don

Total

% Implementation/
Plan

1

Production (million kWh)

52

310

362

54

362

416

115%

2

Revenue

         42,950

         282,437

         325,387

         48,664

         318,426

         367,090

113%

3

Profit before tax

         14,950

         124,710

         139,660

         12,228

         156,408

         168,636

121%

4

State budget payable

           5,970

           47,000

           52,970

           7,380

           57,557

           64,937

123%

5

Average income/ employee

9.5

9.4

9.4

9.8

10.5

10.2

108%

6

Dividend ratio (%/charter capital)

 

 

18

 

 

22

122%

2)     Business plan for 2014:

No.

Main item

Unit

SJD

NLC

Total

I

Commercial electricity production

106 kWh

375

48.7

423.7

II

Total value of production

106 dongs

371,700

48,600

420,300

 

Industrial production

106 dongs

371,000

46,500

417,500

 

Other production

106 dongs

700

2,100

2,800

III

Revenue

106 dongs

337,927

44,140

382,067

 

Industrial production

106 dongs

337,227

42,040

379,267

 

Other financial incomes

106 dongs

700

2,100

2,800

IV

State budget payables

106 dongs

61,753

7,420

69,173

V

Profit

106 dongs

 

 

 

 

Profit before tax

106 dongs

141,503

13,550

155,053

 

Profit after tax

106 dongs

127,353

12,873

140,226

1

Profit before tax/Revenue

%

42

31

41

2

Profit after tax/Charter capital

%

31

3

30

3

Profit after tax/Owner’s equity

%

17

11

16

4

Profit after tax/ Total assets

%

11

10

11

VI

Investment plan

106 dongs

34,410

4,000

38,410

1

Capital contribution in Ha Tay Hydropower Project

106 dongs

22,460

 

22,460

2

Investment in production capacity

106 dongs

11,950

4,000

15,950

VII

Dividend (estimated)

%

 

 

20

Article 2: AGM approved report of the Board of Directors.

Article 3: AGM approved report of the Board of Supervisors.

Article 4: AGM approved the 2013 audited financial statements.

Article 5: AGM approved the 2013 profit distribution plan:

No.

Item

Amount

Unit

1

Profit 2012 transferred

97,961,538,623

VND

2

Profit before tax 2013

168,635,542,675

VND

3

Corporate income tax

17,094,096,935

VND

 

Tax exemption

8,428,358,127

VND

 

Tax payable

8,665,738,808

VND

4

Profit after tax 2013

151,541,445,740

VND

5

Adjusted according to the 2012 state audit records

3,140,382,419

VND

6

Undistributed profits

154,681,828,159

VND

7

Profit distribution

108,759,949,379

VND

a

Financial reserve fund (5% profit after tax)

7,734,091,408

VND

b

Investment & development fund

8,428,358,127

VND

 

Income tax exemption 2013

8,428,358,127

VND

c

Bonus & welfare fund (7% profit after tax)

10,827,727,971

VND

8

Profit for dividend payment in 2013

90,198,130,000

VND

9

Charter capital

409,991,500,000

VND

10

Cash dividend ratio

22%

VND

11

Remaining profit of 2013

45,921,878,780

VND

12

Retained profit transferred to next year

143,883,417,403

VND

Article 6: AGM approved the 2014 rewards policy.

Article 7: AGM approved to authorize the Board of Directors to choose an auditing company in 2014.

Article 8: AGM approved the remuneration of the Board of Directors, the Board of Supervisors in 2013 and plan for 2014:

In 2013: Total remuneration of the Board of Directors and the Board of Supervisors in 2013: 744,000,000 dongs:

-  Plan for 2014: If the Company’s profit target is completed (>=100% plan), the Board of Directors and the Board of Supervisors will receive remuneration as follows:

·         BOD Chairman concurrently: 8 million dongs/month

·         Member of the Board of Directors: 6 million dongs/month

·         Head of the Board of Supervisors: 6 million dongs/month

·         Member of the Board of Supervisors: 4 million dongs/month

Article 9: AGM approved the election result of the Board of Directors and the Board of Supervisors in the third term (2014 - 2019) as follows:

1)     Members of the Board of Directors:

-  Mai Ngoc Hoan

-  Nguyen Van Son

-  Dong Van Tam

-  Nguyen Van Minh

-  Ong Thi Thanh Thao

2)     Members of the Board of Supervisors:

-  Nguyen Thi Tuyet Mai.

-  Bui Xuan Ninh

-  Nguyen Trung Hoa.

Article 10: This resolution takes effect as from the date of signing.

HOSE

Other News

>   TSM: Explanation for the difference in the profit after tax in Quarter I.2014 year on year (02/07/2014)

>   TCT: Failure in holding the AGM 2014 (02/07/2014)

>   DNM: Change in business registration certificate (02/07/2014)

>   FIT: Change in Business Registration Certificate (02/07/2014)

>   PVL: The results of the first Annual General Meeting of Shareholders 2014 (02/07/2014)

>   NVB: Board resolution on adjusting time of the Extraordinary General Meeting of Shareholders (02/07/2014)

>   PIV: Change in Business Registration Certificate (02/07/2014)

>   VPC: Change in Business Registration Certificate (02/07/2014)

>   LDP: Change in Business Registration Certificate (02/07/2014)

>   CIG: Resolution of general meeting of shareholders (02/07/2014)

Online Services
iDragon
Place Order

Là giải pháp giao dịch chứng khoán với nhiều tính năng ưu việt và tinh xảo trên nền công nghệ kỹ thuật cao; giao diện thân thiện, dễ sử dụng trên các thiết bị có kết nối Internet...
User manual
Updated version