FPT, IJC, TNC release business results for 2013

FPT Corporation (FPT), Becamex Infrastructure Development JSC (IJC), and Thong Nhat Rubber Joint Stock Company (TNC) recently announced their estimated business results in 2013 and business plans for 2014.

FPT announced that in the first 11 months of 2013, the company’s revenue exceeded VND24.92 trillion, up 14 percent year-on-year, achieving 93 percent of this year’s plan while profits nearly touched VND2.25 trillion, up 5 percent year-on-year, achieving 85 percent of this year’s plan, and earnings per share reaching VND5,049.

IJC estimated its revenue at VND605 billion, achieving this year’s target, post-tax profit at VND159 billion, achieving 68 percent of this year’s plan, and dividend payout ratio at 6 percent.

For next year, the company has set revenue target at VND1.02 trillion, post-tax profit at VND187 billion, up 69 percent and 18 percent compared to 2013, respectively, and dividend payout ratio at 6 percent.

TNC announced its business plan for 2014 with revenue at VND119 billion, pre-tax profit at VND27 billion, investment in capital construction at VND13.6 billion, and production at 1,460 tons of rubber.

In 2013, the company saw revenue of VND190 billion, pre-tax profit of VND40.4 billion, and production of 1,257 tons of rubber sap.

Source: Dau Tu Tai Chinh – Translated by Thuy Doan

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