VFR: Board Resolution
VFR: Board Resolution
Transport and Chartering Corporation (HNX: VFR) announces Board Resolution approved on 04/11/2011 as follows:
1. Operating result in the first 9 months of 2011 and operating plan of Management Board for the remaining months of 2011
- Operating result in the first 9 months of 2011:
Unit: VND billion
Main targets |
Realized in the first 9 months of 2011 |
Compared to 2011 plan |
Realized in the first 9 months of 2011 | ||
Plan of 2011 |
% |
Realized in the first 9 months of 2010 |
% | ||
Revenue |
447.97 |
524.97 |
85.33 |
198.46 |
226 |
Expenses |
340.47 |
394.67 |
86.27 |
164.15 |
207 |
Profit before tax |
107.50 |
130.35 |
82.47 |
12.32 |
873 |
Profit after tax |
67.50 |
90.35 |
74.71 |
10.54 |
640 |
- Plan for the remaining 3 months of 2011 and directions for 2012
2. Restructuring ship team, liquidating old ships and some ships operating ineffectively
3. Statement of General Manager on not implementing 71 ha projects in Trang Cat Commune, Hai An district, Hai Phong city. The reason is that this project is complicated and the Company doesn’t have ability of finance.
HNX