HMC reports 15.92b dong profit in Q1

Saturday, May 17, 2008
The HCM City Metal Joint Stock Co (coded HMC) recently reported the business result in the first quarter of this year with over 1.115 trillion dong in net revenue from sales and service provision, up 130.59% against the same period of 2007 and 15.92 billion dong from after tax profit, rising 86.85% yoy.

This year, the company plans to gain 3.8 trillion dong in revenue, 60 billion dong from pre tax profit and dividend of 16-18% and carry out its construction projects.

Closing the trading session on May 15, HMC-coded shares closed at 20,100 dong per share, losing 400 dong or 1.95% with 8,050 shares being traded.