During the first month of 2010, Vietnam Germany Steel Pipe Joint Stock Co reported satisfactory business results with fulfilling 10% of the year's revenue plan and 7% of the year's profit target.
In 2010, VSG targets to earn VND 1.5 trillion ($81 million) revenue and VND 63 billion ($3.4 million) pre tax profit.
Currently, the company is focusing on building and installing high quality steel project with total investment of up to VND 500 billion ($27 million) and capacity of 350,000 tonnes a year.
In 2009, VGS gained nearly VND 1.117 trillion ($60 million) of revenue and VND 44.95 billion ($2.4 million) of after tax profit with EPS of VND 3.340 per share.
Vietnam Germany Steel Pipe fulfils 10pct revenue plan
In 2010, VSG targets to earn VND 1.5 trillion revenue and VND 63 billion pre tax profit.
Source: dtinews.vn
