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HRC: Board resolution on business performance in the first 6 months Hoa Binh Rubber Joint Stock Company announces the Board resolution dated September 28, 2017 as follows:
1) The Board of Directors approved the business performance in Quarter II and the first six months of 2017:
a) Production:
- Exploitation: Quarter II: 165 tons; the first six months of 2017: 439 tons, accounting 25% year’s plan.
- Processing: Quarter II: 424 tons; the first six months of 2017: 1,110 tons, accounting 25% year’s plan.
b) Profit and loss:
In Quarter II
- Total revenue in Quarter II: VND17.949 billion
- Profit before tax: VND1.391 billion
- Profit after tax: VND1.262 billion
In the first six months of 2017
- Total revenue in the first six months of 2017: VND35.652 billion
- Profit before tax: VND3.287 billion
- Profit after tax: VND2.963 billion
2) The Board of Directors approved the business plan for Quarter III.2017:
- Production: 695.00 tons
- Processing: 1,600 tons
- Company’s production: 600 tons
- Purchase rubber: 1,000 tons
- Total revenue: VND52,630 million
Revenue from rubber: VND52,500 million
Financial income: VND30 million
Other income: VND100 million
- Estimated profit before tax: VND2,100 million
3) The Board of Directors approved to adjust the total estimate for rubber care in 2017 from VND12,194,897,068 to VND13,794,898,022, increasing by VND456,256/hectare. HOSE
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