Sadico Cantho net profit rises 51.87%, Vietnam

Sadico Cantho Joint Stock Corporation (SDG) said it made a net profit of VND6.5bn (US$309,800) in Jan-March, an on-year growth of 51.87%.

Revenues rose 19.5% on year to VND75.31bn, the company said in a quarterly financial report sent to the Hanoi Stock Exchange.

In 2012, the cement firm targets a net profit of VND21.75 billion on revenues of VND247bn and a dividend payout equivalent to VND3,000/share. (Source: Vietnam News Brief Service)