Tuesday 16 April 2013

Stock Market: Vietnam Port Operator DVP Estimates Pretax Profit at VND45.6B in Q1

Dinh Vu Port Investment and Development JSC (DVP), listed on the Hochiminh Stock Exchange, estimates its pretax profit at VND45.6 billion ($2.17 million) in the first quarter of this year, falling by 5.4% from the same period last year.
The figure exceeded its quarterly target by 16.9%, the local financial website Cafef.vn reported.
Revenue may reach VND114.52 billion in 2013, up 4% on year and surpassing its whole-quarter plan by 2.15%.
The company plans to pay a dividend of VND3,000/share for 2012 and VND1,500 for 2013.
DVP also projects to issue new shares in a move to double its registered capital to VND400 billion in 2013.

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