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Economics

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Phuoc Hoa Rubber JSC opens its annual shareholders meeting 2013

Phuoc Hoa Rubber Joint Stock Company (JSC), on March 11, forwarded its annual shareholders’ meeting 2013.

As of late 2012, the company had a total chartered capital of VND813bln and held a total of 2,809,853 stocks valued at VND96.654bln. The company last year tapped 19,954 tons of rubber latex or 102.32% of the projection; reached the average productivity of 2 tons/hectare; purchased 10,812 tons of rubber latex from private rubber plantations across the province; sold 30,738 tons of various products with the average price of VND65.12mln per ton and 515,8 tons of other rubber latex…. Apartedly, the company reached more than VND2.31trillion in total revenue and VND594.93bln in post-tax profit. Workers herein enjoyed the average salary of VND7.4mln per capita per month.

In 2013, the company has also set its targets of tapping 19,600 tons of rubber latex, purchasing 7,000 tons of rubber latex, selling 26,000 tons of rubber latex and reaching VND1.857bln in total revenue and achieving the ratio of dividend payment at 30% of value…

Reported by Cao Son-Translated by K.T

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