Thursday, 31/05/2018 17:07

CEE: Board approves to take bank loan at BIDV Vinh Long

CII Engineering and Construction JSC announces the Board resolution dated May 29, 2018 as follows:

1)    The Board of Directors approved the business plan for 2018 with the following main targets:

Item

Plan for 2018

Production

1,777,567

Net revenue

1,667,786

Main income from construction

1,468,786

Total expenses

1,542,702

Profit before tax

125,084

Corporate income tax

25,017

Profit after tax

100,067

 

2)    The Board of Directors approved the borrowing, guarantee, opening L/C at BIDV – Vinh Long Branch. 

-          Total credit limit: 800,000,000,000 dongs

-          Purpose: to raise the working capital, guarantee, opening L/C.  

-          Time of borrowing: 12 months.

HOSE

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