Tuesday, 6 May 2008

Light fixture maker sees brighter revenues in Q1

Tuesday, May 6, 2008
Rang Dong Light Source and Vacuum Flask Co (RAL) has announced first quarter revenue of VND264 billion, or a year-on-year increase of 2.5%.
This year, because of high input costs and rising interest rates, the company has targeted total revenue of VND935 billion, an increase of 11.18% on last year.
The company will continue investing in production line to make fluorescent and compact lamps worth VND16 billion and another production line to make 19-tonnes of glass tubes a day, valued at VND56 billion.