Phuoc Hoa Rubber JSC just held an annual meeting of members to report business results in 2011 as well as share allocation.
In 2011, the company has tapped 20,808 tons of latex, sold over 25,733 tons of processed latex at the costs of averagely VND 94.495 million a ton. Share value reached VND 10,380 accounting for VND 2,724 billion of revenue and profits after tax at VND 825.23 billion. Dividents reached 30% of value and employers have been paid averagely VND 9.5 million a month. The company has re-bought 1,000,000 shares to accumulate up to VND 82.753 billion.
Important criteria for 2012 have been raised at the meeting to improve tapping capacity and higher earning value.
Reported by Cao Son - Translated by Vi Bao












