Business

Pre-tax profit of Cholimex nearly touches VND142 billion

SGGP
According to the consolidated financial statement, the total revenue of Cho Lon Investment and Import - Export Corporation (Cholimex) topped VND443 billion (US$19.07 million) and its pre-tax profit neared VND142 billion ($6.11 million), exceeding 97 percent of its plan.
That was announced by the company’s board of directors at its annual shareholders’ meeting held recently.
The company’s post-tax profit was VND126 billion ($5.42 million), exceeding 109 percent of its plan, hence, distributed profit reached VND82 billion ($3.53 million), up 106 percent of its plan.
Dividends collected from capital contribution at some joint stock companies were also at high levels. For instance, Cholimex Food JSC, Tanimex JSC and Vinh Loc- Ben Luc Industrial Zone Construction and Investment JSC paid dividends at 30 percent, 25 percent and 100 percent of face value respectively. Meanwhile, four other companies which were newly-established or ineffective were unable to pay dividends.
 

By Han Na – Translated by Thuy Doan

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