KLS, HGM Release Revenue Statements For 2013

Kim Long Securities Corporation (KLS) and Ha Giang Mineral Mechanics Joint Stock Company (HGM) recently released revenue statements for 2013.

KLS announced revenue of VND 167.7 billion with a net profit of VND 138.4 billion. This is 6.4 times higher than that due to a VND 167.3 billion refund for devaluation of stock.

The corporation’s cash and equivalents hit VND 851.6 billion by the end of 2013, of which, clients’ deposits accounted for VND 78.4 billion of the total sum.

HGM announced 2013 revenue at VND165.8 billion and net profit at VND87.3 billion. This exceeded the company’s business plan for 2013 by 15.4 percent. The company scored a long-term investment of VND38.4 billion in Cao Bang Cast Iron and Steel JSC by the end of the year.

Source: Dau Tu Tai Chinh – Translated by Thuy Doan

Other news