DPM, TLH, FPT to increase revenue & profit targets in 2015

Petro Vietnam Fertilizer and Chemicals Corporation (DPM) has just completed its shareholders'meeting to pass its 2015 business plan. Accordingly, it targets to produce 780,000 tons and consume 800,000 tons of Phu My fertilizer. In addition, its 2015 revenue is planned to reach VND 9,246billion and net profit will earn VND 1,047billion.

Tien Len Steel Group (TLH) has just approved to issue 8.07 million shares in the third quarter of 2015, aiming to pay dividend to its shareholders of 2014 with a ratio at 10 percent. In 2014, TLH earned VND 3,753billion; net profit of VND 74.1billion and cash dividend payout ratio at 10 percent

FPT Corporation (FPT) announced the first quarter of 2015, it earned VND 9,564billion, an increase of 30 percent compared to the same period last year and passed its plan of 7 percent; net profit of VND 645billion, a rise of 11 percent against last year. This year, FPT targets to increase of its revenue and profit from 13 percent to 16 percent.

DTTC -Translated by T.Tran

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