TNG, NKG announce first 11 months’ business result

TNG Investment & Trade Corp (TNG) announced its first 11 months’ business result. Accordingly, the revenue reached VND 1,255billion, gross profit of VND 49.7billion.

EPS saw VND 3,478 per share. TNG said in upcoming time, TNG will close to buy share at ratio 3:1 with a cost of VND 10,000 per share and dividend payout ratio at 10:1.

According to business result for the first 11 months, Nam Kim Steel Corp (NKG) said the consumption-output was 283,043 tons, passed 9 percent of its plan. The net revenue passed 10 percent of its yearly target, reached VND 5,367billion; net profit of VND 74.5billion. NKG’s revenue is expected to be passed 26 percent of yearly target.

DTTC -Translated by T.Tran

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