Business News Briefing

Anh Duong Vietnam Corp announced its first quarter revenue of VND 871 billion, an increase of 17 percent with gross profit of VND 79 billion, an increase of 65 percent compared to the same period last year.

Southern Industrial Rubber Corp announced the company’s first quarter net profit at VND 101billion, an increase of 9.3 percent compared to the same period last year. The company completed 33 percent of its profit plan this year.

CEO of Vietnam Golf Tourism Corp (VNG) and UDEC announced that UDEC sold 6.63 million shares at 51 percent of VNG capital starting on April 22. They aim to withdraw their capital.

Kinh Bac Urban Development Corp (KBC) announced that Nguyen Thi Kim Thanh, wife of CEO Dang Thanh Tam registered to sell two million shares in one month starting on April 23. She aims to decrease ownership ratio 3.47 percent down. Tam currently has 34.94 percent of chartered capital.

Kinh Do Corp (KDC) announced to post 6.5 million shares for internal staff in April. Each share costs VND 18,000.

Hoa Binh Rubber Corp (HRC) first quarter revenue reached VND 45.6 billion, a decrease of 44 percent compared to last year. The company’s gross profit for the quarter reached VND 19.7billion, a 16-fold increase compared to last year.

Safoco Food Corp (SAF) first quarter revenue reached VND 163.1billion, a slight decrease compared to the same period last year. The company’s net profit reached VND 6 billion, an increase of 5.3 percent compared to last year.

SAF reached VMD 122.4 billion of total property in the first quarter.

Khanh Hoa Plastic Cable Corp (VKC) announced their new member, Le Tham Vinh, in the board of directors. Vinh registered to buy 1.3 million shares in order to increase ownership ratio.

Source: ĐTTC – Translated by Mai Quyen

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