SAFI transport firm targets 24b dong profit

Saturday, May 17, 2008
Sea and Air Freight International Co, or SAFI recently announced this year's business plan with 103 billion dong in revenue, 24 billion dong from after tax profit and dividend of 12%.
This year, the company continues carrying out project of expanding its warehouse in HCM City's Dist 7, the project to build storehouse and branch office in Da Nang and the office building project in HCM City's Dist 1.
In addition, this year the company also invest capital to set up joint ventures with some foreign partners and set up Dung Quat Port Development Joint Stock Co and establish a warehouse area building company in Hanoi's environs with the total investment capital of 47.7 billion dong.