Wednesday, 24/04/2019 16:47

MCP: Business performance in 2018 & plan for 2019

My Chau Printing and Packaging Corporation announces the Board resolution dated April 20, 2019 as follows:

  1. Business performance in 2018:

 

Unit

Year 2018

Year 2017

2018 vs. 2017

Production

 

 

 

 

 + Plating on sheet iron

m2

20,030,608

23,890,078

83.84%

 + Metal packaging

pair

50,124,993

50,703,409

98.86%

Revenue (VAT included)

VND

379,633,892,760

398,078,865,344

95.37%

Net revenue

VND

345,452,258,995

361,841,875,062

95.50%

Profit before tax

VND

27,649,158,971

30,462,950,794

90.77%

Corporate income tax

VND

5,702,857,112

6,293,593,438

90.61%

Profit after tax

VND

21,946,301,859

24,169,357,356

90.80%

Ratio of Profit after tax to Net revenue

%

6.35

6.75%

94.07%

 

  1. Business plan for 2019:

Item

Unit

Plan for 2019

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Sum

Production

 

 

 

 

 

 

 + Plating on sheet iron

1,000 m2

2,500

4,000

5,500

8,000

20,000

 + Metal packaging

1,000 pair

8,000

12,000

14,000

16,000

50,000

Revenue (VAT included)

VND billion

60

90

120

140

410

Profit before tax

VND billion

2

6

10

12

30

Operating expense for the Board of Directors

5% profit before tax

Dividend

%

 

 

 

 

From 12% and more

Total wage fund

 

Maximum: 10% revenue

 

  1. The Board approved to convene the 2019 Annual General Meeting of Shareholders:

-          Meeting date: 8:30, May 25, 2019

-          Meeting venue: Office of My Chau Printing and Packaging Corporation. 18 Luy Ban Bich, Tan Thoi Hoa ward, Tan Phu district, Ho Chi Minh city.

HOSE

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