Friday 16 May 2008

Savimex profits fall 11.44% in Q1

Friday, May 16, 2008
Savimex Joint Stock Corp (SAV), earned VND85.5 billion in the first quarter of 2008, a small decline on the same period last year. Post-tax profit reached VND2.23 billion, a decline of 11.44 per cent.
This year, the company plans to earn VND304 billion in exports, VND154 billion in domestic revenue and VND12 billion from financial and other activities. Post tax profit is expected to be VND20.16 billion.