Hai Van Cement JSC targets pretax profit, Vietnam

Hai Van Cement JSC targets pretax profit, Vietnam
Published: 18 April 2011

Hai Van Cement JSC (HVX), listed on the Hochiminh Stock Exchange, targets a pretax profit of between VND11bn (US$0.5m) and VND11.5bn this year.

Its revenues are set to reach VND540bn (US$25.71m) this year, the firm said in a statement sent to the bourse. The company projects to pay a dividend equivalent to VND350/share.

In 2010, HVX made a pretax profit of VND10.67bn on revenues of VND447.01bn. It will pay a dividend of VND320/share.