DPR: Board Resolution

Dong Phu Rubber Joint Stock Company (DORUCO) announced the resolution of the Board of Directors dated February 02, 2016: 

I.                The Board of Directors approved the business result in 2015:

+ Total revenue: VND759.294 billion

+ Profit before tax: VND180.55 billion = 116.48% of the 2015 plan

+ Production exploitation: 15,479 tons = 106.8% of the 2015 plan

+ Purchase: 3,779 tons

+ Consume: 18,623 tons

+ Average price: VND31.1 million/ton

+ Dividend: 25% / par value

+ Bonus and welfare fund: 25% of profit after tax

  II.                The Board of Directors approved the business plan for 2016:

+ Liquidation and re-cultivation: 460 hectares

+ Production exploitation: 13,900 tons

+ Purchase: 4,000 tons

+ Consume: 17-18,000 tons

+ Average price: VND26 million/ton

+ Profit before tax: VND70-90 billion

+ Dividend: 20% / par value

+ Bonus and welfare fund: 25% of profit after tax

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