News Room - Steel Industry

Posted on 09 Sep 2008

Viet-Duc steel pipe producer reports 24b dong profit in Jan-Aug

During the first eight months of the year, Viet Duc Steel Pipe Joint Stock Co (coded VGP) made a revenue of 750 billion dong, fulfilling 75% of the year's plan, and 24 billion dong in profit, equalling to 101% of the year's target.

At present, the company finished necessary proceedings to list shares on the Hanoi Securities Trading Centre (HaSTC) in the fourth quarter of this year.

The company would pay dividend and bonus shares at the ratio of 1:0.8 right after being listed on the northern bourse.