Illustrative image (Source: VNA) HCMCity (VNA) - The Vietnam Dairy Products Joint Stock Company (Vinamilk)targeted a revenue of 55.5 trillion VND (2.46 billion USD) and a post-taxprofit of 10.75 trillion VND (477 million USD) this year, up 8.5 percent and4.6 percent, respectively.
Duringthe annual shareholders’ meeting in Ho Chi Minh City on March 31, Vinamilkplanned to pay dividends equivalent to at least half of its post-tax profit.The dividend for the first stage of 2018 will be paid in the third quarter thisyear at 2,000 VND per share while the second stage is slated for May – June2019.
Upto 35 percent of 2017 dividends have been paid while 15 percent will be paid onJune 26, 2018 with June 6, 2018 as the last registration date.
Earlier,Vinamilk announced that it posted a revenue of 51.135 trillion VND and a post-taxprofit of 10.278 trillion VND.
VinamilkGeneral Director Mai Kieu Lien said its market share has hit 58 percent, up 1percent each year. Last year, it rose by 2 percent, nearly doubling the target.
Salesof traditional products such as milk powder and fresh milk grew as plannedwhile new products such as milk with less sugar, walnut soya milk and organicmilk have also been put up on the market.
Shareholdersvoted yes to a plan to issue additional one share to each one owning five shares,with a total less than 290.3 million shares.
Vinamilk’schartered capital is expected to increase by 2.903 trillion VND to 17.415trillion VND.
The meeting electedAlain Xavier Cany, chief representative and Chairman of Jardine MathesonLimited in Vietnam and Nguyen Chi Thanh, Deputy General Director of the StateCapital Investment Corporation to the Board of Directors.
Vinamilk gained top spot in the list of 100 Best Places toWork in Vietnam for 2017 which was announced by Anphabe, a career network ofmanagement professionals, and market research firm INTAGE Vietnam. It was followedby Nestlé Vietnam, Viettel, Vietcombank, Coca-Cola Vietnam, and Samsung.-VNA
Duringthe annual shareholders’ meeting in Ho Chi Minh City on March 31, Vinamilkplanned to pay dividends equivalent to at least half of its post-tax profit.The dividend for the first stage of 2018 will be paid in the third quarter thisyear at 2,000 VND per share while the second stage is slated for May – June2019.
Upto 35 percent of 2017 dividends have been paid while 15 percent will be paid onJune 26, 2018 with June 6, 2018 as the last registration date.
Earlier,Vinamilk announced that it posted a revenue of 51.135 trillion VND and a post-taxprofit of 10.278 trillion VND.
VinamilkGeneral Director Mai Kieu Lien said its market share has hit 58 percent, up 1percent each year. Last year, it rose by 2 percent, nearly doubling the target.
Salesof traditional products such as milk powder and fresh milk grew as plannedwhile new products such as milk with less sugar, walnut soya milk and organicmilk have also been put up on the market.
Shareholdersvoted yes to a plan to issue additional one share to each one owning five shares,with a total less than 290.3 million shares.
Vinamilk’schartered capital is expected to increase by 2.903 trillion VND to 17.415trillion VND.
The meeting electedAlain Xavier Cany, chief representative and Chairman of Jardine MathesonLimited in Vietnam and Nguyen Chi Thanh, Deputy General Director of the StateCapital Investment Corporation to the Board of Directors.
Vinamilk gained top spot in the list of 100 Best Places toWork in Vietnam for 2017 which was announced by Anphabe, a career network ofmanagement professionals, and market research firm INTAGE Vietnam. It was followedby Nestlé Vietnam, Viettel, Vietcombank, Coca-Cola Vietnam, and Samsung.-VNA
VNA
