Posted on 04 Mar 2010
During the first month this year, Vietnam-Germany Steel Pipe Joint Stock Co (coded VGS) reported satisfactory business results with fulfilling 10 percent of the year's revenue plan and 7 percent of the year's profit target.
In 2010, VSG targets to earn 1.5 trillion dong revenue and 63 billion dong pre tax profit.
Currently, the company is focusing on building and installing high quality steel project with total investment of up to 500 billion dong and capacity of 350,000 tonnes a year.
Last year, VGS gained nearly 1.117 trillion dong of revenue and 44.95 billion dong of after tax profit with EPS of 3.340 dong per share.
