Drilling Mud Corporation sets 2015 targets

Dec 13th at 13:56
13-12-2014 13:56:05+07:00

Drilling Mud Corporation sets 2015 targets

Drilling Mud Corporation aims to earn VND3.7 trillion (US$173.7 million) in revenue and VND161.5 billion ($7.6 million) in net profits next year

The dividends for these goals are expected to be paid at 12 per cent.

In addition, the company plans to divest VND69 billion ($3.2 million) from three petroleum chemical firms.

The company's revenue reached VND3.1 trillion ($145.5 million) in the first nine months of this year, which indicated a 22 per cent year-on-year increase. Meanwhile, net profits jumped 206 per cent to VND252 billion ($11.8 million).

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