PetroVietnam Securities looks into financial options

Tuesday, May 13, 2008
PetroVietnam Securities Joint Stock Co continues to raise capital in its second phase as it plans to carry out one of two financial options.
With the first, the company could increase its charter capital to VND500 billion (US$31.2 million) and plan for revenue of VND200 billion, after-tax profits of VND72 billion and dividend payment of 11 per cent.
With the second, the company could maintain capital of VND150 billion and expect revenue of VND110 billion, after-tax profits of VND21 billion and dividends 10%, respectively.