[27 Jan] Phuoc Hoa Rubber 2009 Net Profit VND260.59 Billion

Phuoc Hoa Rubber Joint Stock Co., one of Vietnam's biggest rubber producers, said Tuesday that it had a net profit of VND260.59 billion ($14.1 million) last year. It didn't give comparative figures for the previous year.

Revenue was VND1.04 trillion, beating its full-year target by 17%, the company said in a statement.

Phuoc Hoa said it targets a pretax profit of VND277 billion on revenue of VND731 billion this year.

The company plans to pay a cash dividend of VND1,800 a share this year, compared with VND2,200 in 2009.

(Source: irco.biz)