POT’s Q1 profit plunges 94.5%

Monday, May 5, 2008
Listed firm on the Hanoi Securities Trading Center, the Post and Telecommunication Equipment Joint Stock Co has revealed a post-tax profit of VND258 million (US$16,100) from the first quarter of the year, a plummet of 94.5% against the same period in 2007.
The company, capitalised at VND194.4 billion, pledges to continue with its planned projects this year in hope of achieving a pre-tax profit of VND45 billion on revenue of VND780 billion.